Why (Greenfield) Special Housing Areas Won’t Work #AKLPols

02 Sep 2015 Leave a comment

by Jim Rose in economics

Ben Ross - Talking Auckland's avatarTalking Southern Auckland

Comment of the Weekend on the SHA’s

In the Land Banking Special Housing Areas? #AKLPols post regular commenter Dale left the following comment below as food for thought on the Special Housing Areas. Now reading I am taking it refers to the Greenfield Special Housing areas rather than the Brownfield ones announced on Thursday last week. However, if Dale is referring to the Brownfield I’ll know soon enough.

This from Dale as Comment of the Weekend and thoughts on why the Greenfield Special Housing Areas will not work:

I have said from day one that the SHA cannot work as they defy development logic.
For starters
  1. The land prior to the creation of the SHA’s was bought at land banked prices in anticipation of re zoning, or as happened the creation of SHA’s. Therefore going forward, it does not matter who owns…

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