Recent media reports have looked at how the cost of property ownership has put owning a home out of reach for many New Zealanders. The reality is there is high demand for too few properties, but red tape here causes huge delays for developers.
New Zealand is ranked 75th in the world in terms of total Land Area (out of 232 countries). That's slightly larger than the United Kingdom (including outlay territories for both countries), which comes in at #79.
One big reason is the so-called Environment Court and the Resource Management Act. Both are strangling development and progress in New Zealand, and both need to be abolished now. They are anti Property Rights.
The Comorants on Waterfront redevelopment was granted resource consent by the Waitaki District Council last month (after considering 18 submissions on the proposal, most against).
The two groups holding up the apartment development are the Whitestone Civic Trust and the New Zealand Historic Place Trust, which is trying to get Oamaru Port nominated for World Heritage status.
A free-thinking, progressive Government would abolish the Resource Management Court and its trusty sidekick the Environment Court. Developers and businesses could then grow and invest in this country, without wasting time, money, and resources fighting pointless bureaucracy and red tape.
* This old NZ Herald column by Auckland architect Peter Cresswell has some compelling arguments on why the RMA should be abolished
Posted at 10:47 pm