Be the 1st to hear about new developments

Assured Property Investments Assured Property Investments
  1. Current Listings
  2. Past Developments
  3. News & Guides
  4. Customer Stories
  5. Community Involvement
  6. The Property Development Club
  7. About Us
  8. Contact
07 823 2525
Author John Kenel7 December 202112 Dec 2021

Economy

Worried about the new 3 houses per section plan causing an oversupply of property?

The politicians recently announced a bill to reduce the overly restrictive planning rules that are one of the barriers to building more homes in the places where they are needed the most. The bill introduces a new planning process to support tier 1 councils to implement intensification policies quicker. These new standards will allow people to develop up to three homes of up to three storeys on most sites without the need for a resource consent.

The proposed plan is already being watered down and I believe that this is just the beginning. The way councils are funded means more development equals more cost for council, so they don’t want more intensification. You see this whenever you submit a resource consent for multi unit dwellings.

Even with this new bill, council’s will still have their minimum service court sizes and minimum living courts and turning circles and rules against shading and so on. In fact Hamilton City Council is starting to bring in minimum internal living area requirements. These rules aren’t even in the district plan, but they are being imposed anyway.

The announcement was just more politics. The politicians needed to be seen to be doing something with house prices rising more than 30% in one year.

Announcements won’t create more affordable housing, only the development of more affordable housing will do that, and I can’t see that happening anytime soon. Every consent we submit to council is met with more regulations, more delays, more cost. It’s business as usual for developers and builders, that means longer timeframes for new development and rising costs.

In fact, new building regulations have just been introduced meaning we need to increase the insulation in the roof, walls and floors again. Why, when new houses in the Waikato are already warm and dry? Don’t they care that the constant increase in building requirements keeps driving up the cost of new homes? Yes, more insulation is a good thing, but how far do you go? In the 17 years that I’ve been developing new homes the standards have just kept on increasing, from foundations to landscape plans, the cost of building new homes rises constantly. At some point they’ll be too expensive for people to buy, are we already there?

John Kenel
Assured Property

Source: NZHerald.co.nz

#assuredproperty #housing #rentals #propertyinvestment

Author John Kenel7 December 202112 Dec 2021
  • Facebook
  • Twitter
  • #demand
  • #digital real estate
  • #economy
  • #Hamilton
  • #house prices
  • #housing
  • #housing shortage
  • #housing-nz
  • #manufacturing
  • #supply
  • #waikato

More news

Author John Kenel26 June 202506 Jun 2025

Social Housing “Bullet Dodged”

We all say we support social housing... just not in our own...

Read more

Author John Kenel15 May 2025

88 Billion in new Taxes from the Greens

Let’s break that down. There are around 5 million people in New...

Read more

Author John Kenel15 May 202505 May 2025

Building Pulse Podcast – Part 2 of 2

Innovation Is Possible - If We Let It Happen After laying out...

Read more

Featured properties

Home

sold

3 bedroom duplex

Brand new quality homes

Bedrooms 3
Bathrooms 1
Garage Single1 garage

Townhouse

sold

2 & 3 bed townhouses

City Living on River Ridge, Hamilton

Bedrooms 3
Bathrooms 2
Garage Single1 garage

Townhouse

sold

2, 3 & 4 Bedroom Townhouses

Townhouses on Te Rapa

Bedrooms 3
Bathrooms 3
Carparks 2

Assured Newsletter

Be first to know about
new developments

free

new

The Hamilton Property Guide

2024 issue edited by John Kenel, Assured Property

View here
  • Home
  • Current Listings
  • Past Developments
  • News & Guides
  • Customer Stories
  • Community Involvement
  • About Us
  • Contact
  • Privacy Policy
  • Facebook
  • Twitter
  • LinkedIn

Visit

63a Alpha Street, Cambridge
Monday - Friday (9am - 5pm)

Contact

info@assuredproperty.co.nz 07 823 2525

© 2025 Assured Property Investments. 

Site by Brontë + Benek