( ) -q-23- UNDATED (Correspondent Jeremy House) “would not work.” New Zealand’s housing minister says the country will drastically ease restrictions on land use in a bid to “flood the market” with land for homes and override the powers of local councils to curb development. [CutID: <Cuts> NEW-ZEALAND-HOUSING-house-q-FRIam.mp3 Time: 23s Title: NEW-ZEALAND-HOUSING-house-q-FRIam Out-cue: would not […]
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New Zealand to ease zoning to try to relieve housing shortage
( ) -q-23- UNDATED (Correspondent Jeremy House) “would not work.”
New Zealand’s housing minister says the country will drastically ease restrictions on land use in a bid to “flood the market” with land for homes and override the powers of local councils to curb development.
[CutID: <Cuts> NEW-ZEALAND-HOUSING-house-q-FRIam.mp3
Time: 23s
Title: NEW-ZEALAND-HOUSING-house-q-FRIam
Out-cue: would not work]
TAG: Correspondent Jeremy House reporting.
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VERBATIM: Chris Bishop says the new measures would require local councils to make enough land available to accommodate 30 years of growth, rather than three. They would also bar the councils from imposing urban limits or restrictions on apartment size. New Zealand has faced a decade-long housing crisis. Analysts welcomed the zoning liberalization while the Parliamentary opposition said it would not work.