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IHP Auckland unitary plan recommendations discussion
Yeap, that is the change. You will no longer be able to have that lifestyle 20mins from Auckland CBD. Thousands of one/two bed apartments will be the answer to the 'affordable housing' question. I don't, however, think too many people are going to be satisfied by that.
As a first step on the ladder, why not? Start in a little apartment, save / pay down principal for a few years, trade up. People have been doing it like forever. A decade or two ago it was more like a do up in the outer burbs rather than an apartment. Same process though.
It was how I started out. Now got a few rentals and a PPOR in the 'leafy suburbs'. Didn't just fall out of the sky though. (I have trouble spending money, so used to being frugal!)
As a first step on the ladder, why not? Start in a little apartment, save / pay down principal for a few years, trade up. People have been doing it like forever. A decade or two ago it was more like a do up in the outer burbs rather than an apartment. Same process though.
It was how I started out. Now got a few rentals and a PPOR in the 'leafy suburbs'. Didn't just fall out of the sky though. (I have trouble spending money, so used to being frugal!)
Because the land/house ratio means it's a lot harder to jump from apartments to houses. It's the land that goes up in value don't forget, not the house/apartment. That, together with the fact inflation doesn't reduce the mortgage the way it did for you.
Many people who has to live in NZ for job, study or family reasons want a more compact and urbanised lifestyle.
Do they? Some may be, but if you removed the price from the question, which would they really want? Again, it's the question over the transformation of Auckland, is it right a lot of immigrants wanting more apartments get to overrule others who like there house and section?
Do they? Some may be, but if you removed the price from the question, which would they really want? Again, it's the question over the transformation of Auckland, is it right a lot of immigrants wanting more apartments get to overrule others who like there house and section?
Good points.
Surely those fleeing tiny Hong Kong apartments would love a house on a section? But this has been deemed unacceptable.
I'm not sure the new immigrants are the ones chanting for more apartment blocks.
Again, it's the question over the transformation of Auckland, is it right a lot of immigrants wanting more apartments get to overrule others who like there house and section?
Immigrants? Really? You don't think people want to live where all the fun and liveliness is? Eg Ponsonby, Britomart, Viaduct, Parnell, Takapuna? Not everyone wants to be in the dull suburbs under lock and key.
Terraced housing, townhouses, apartments. Low maintenance places, lock up and leave, close to amenities and public transport. Great lifestyle instead of spending all your money on mortgages and home maintenance. You'd be surprised how many people nowadays don't want houses.
Do they? Some may be, but if you removed the price from the question, which would they really want? Again, it's the question over the transformation of Auckland, is it right a lot of immigrants wanting more apartments get to overrule others who like there house and section?
Yes, they do. They want to live close to the city centre, which provides all the conveniences people desire as a result of the higher population density, and this couple wants this too or they could have lived further out for that suburban/rural lifestyle.
What make you think it's only immigrants who want more apartments? At least half of that couple is an immigrant too, you know.
If you change it to a high density, major city, will it have the same appeal, or will it just be another major city the same as everywhere else?
Yes, in fact it has even better appeals. It has all that NZ offers: low corruption, stable government, rule of law, friendly and considerate people, good welfare system, respect for the environment, plus all that a major city offers: diverse cultures, plenty of options for eating, socialization, recreational activities, events etc.
People come to NZ and they can live anywhere, but most of them choose Auckland for a reason, it's because it's the biggest city in NZ and they are attracted to that. Making it bigger, more urban, is making it better.
Immigrants, especially from Asia, have grown up with house and land being for the super rich so that's why they love it here. They can buy for 1 mil what is 10 mil in Singapore or Hong Kong for example. They don't "want" apartments but they are used to them as normal.
Immigrants stay in Auckland because it has the jobs and international connections and migrant communities. The majority of migrants are not wealthy and are happy to be out of their poverty stricken home countries - China, India, Philippines, Fiji. Most of them would prefer to have their own home, even an apartment, to nothing.
The number coming from Hong Kong is tiny (1200 residence applications in total including declined ones for past 10 years). The whole of New Zealand offers sections and scenery, if they were the main motivators for migrating you would see more regional growth.
The migrants who are rich enough (eg. a percentage of Chinese) to afford city centre Grammar Zone housing with sections, will still be able to afford houses with land in Auckland as they often pool resources.
Those who are the loudest in calling for apartments are the kiwi born young who actually want to work and stay in Auckland long term.
The irony of those who justify high house prices by comparing Auckland to international cities, but don't want to see it have or pay a cent towards the features of an international city such as better infrastructure and good transport etc.
Why should those who live in the city to merely "enjoy the views" have more say over those who actually work in it and use it as a city.
No one is forcing anyone to sell and we may finally see some of the restrictions removed on all the red-tape bureaucracy everyone had been complaining about.
"will someone please think of all the poor million dollar villa views while we rent out garages for $400 a week"
The reason we don't like apartments is that it doesn't fit into our 'normal' i.e. what we grew up with, or what society currently has a majority of. I'm currently in a 3 BR home with a decent block of land out back because kids, trampoline, school zones etc. I can't wait for the day when the kids are old enough to finish up at school - I'm going to move to an apartment in town with less to clean, mow or weed - as low maintenence as it gets and close to all the cool fun stuff in the CBD.
Immigrants, especially from Asia, have grown up with house and land being for the super rich so that's why they love it here. They can buy for 1 mil what is 10 mil in Singapore or Hong Kong for example. They don't "want" apartments but they are used to them as normal.
How many immigrants are from Singapore or HK? There are many Asian countries they can buy hectares of farm land to live on if that's the attraction. It's the system in NZ that's attractive. Further, they can live on big sections in NZ for less than what they pay in Auckland, but they choose Auckland.
The whole of New Zealand offers sections and scenery, if they were the main motivators for migrating you would see more regional growth.
That's not true at all. All those cultures operate on shame and honour so being in the most expensive and perceived "best" area is important. They can't show off as much to famliy if they are in a regional town. It shows they couldn't afford to be in the best place and that is shameful.
How many immigrants are from Singapore or HK? There are many Asian countries they can buy hectares of farm land to live on if that's the attraction. It's the system in NZ that's attractive. Further, they can live on big sections in NZ for less than what they pay in Auckland, but they choose Auckland.
From Asian countries like them including them = plenty.
Landed property as they call it is super expensive in every Asian country I have been to if it is close to a city. Name one modern Asian city where house and land is cheap?
See my post above as to one underlying reason why they come to Auckland.
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