Auckland building consents: Tragic



Source: New Zealand Labour Party – Press Release/Statement:

Headline: Auckland building consents: Tragic

The only word to describe the latest building consent figures for Auckland is ‘tragic’, Labour’s Housing spokesperson Phil Twyford says.

“Whatever the Government is doing to address the Auckland housing crisis, it is clearly not working.

“Today’s data shows Auckland building consents have declined for two months in a row. The numbers of consents for the city are now less than half what they were in November: 967 in November, 630 in December, and 482 in January

“Nationwide, even on a seasonally-adjusted basis, consents fell 3.8 per cent this month. When you exclude the number for apartments – which include retirement villages and are prone to variation – they fell 7.5 per cent.

“At last month’s rate, Auckland would build only 5784 houses over a year when it needs 13,000 just to keep up with population growth.

“This pathetic build rate, combined with record immigration, banks falling over themselves to offer mortgage finance, and rampant property speculation, means Auckland’s out of control house price inflation will just continue under this National Government.”

Selwyn Manning, BCS (Hons.) MCS (Hons.) is an investigative political journalist with 23 years media experience. He specializes in reportage and analysis of socioeconomics, politics, foreign affairs, and security/intelligence issues. Selwyn has extensive experience as a commentator and has provided live political analysis to a wide range of television and radio organizations broadcasting in New Zealand, Australia and globally including the BBC (Five Live, London) and BBC (World Service). He is currently a correspondent to Australia's FiveAA radio, and is a regular live-on-air panelist on Radio New Zealand's The Panel with broadcaster Jim Mora.