Link to article. It's pretty high in places! Auckland ridiculous of course... http://www.interest.co.nz/property/8...house-auckland
Announcement
Collapse
No announcement yet.
Report on land use regulation costs as a percentage of construction costs
Collapse
X
-
Report on land use regulation costs as a percentage of construction costs
Free online Property Investment Course from iFindProperty, a residential investment property agency. -
Some of the largest costs in land use regulation come from hazard mitigation which is a requirement of the RMA. Flooding mitigation costs are huge. I am personally a fan of personal responsibility and buyer beware but our society doesn't subscribe to this view. If your home is flooded we will bail you out. As long as this is the approach then land use regs are needed and the associated costs are really just socialism in another form. (Fence at the top of the cliff because some people cant be trusted not to fall off.)
Comment
Comment