30 nov 2016 - AC releases Land Supply Constraints and Housing Prices in New Zealand report

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Almost 400,00 homes would have to be built in Auckland or land supply increased by 184 per cent in order to solve the city's housing crisis - but that still might not be enough.

An Auckland Council report - Land Supply Constraints and Housing Prices in New Zealand - found relying on land supply alone would not be sufficient and it was unlikely such a huge number of homes would be built.

Mario Fernandez from the council's research and evaluation unit spent four months compiling the report and said an increase in wages, building taller buildings and restrictions on immigration were other factors to consider.

Source: https://www.stuff.co.nz/business/property/86350062/increasing-land-supply-isnt-enough-to-solve-aucklands-housing-crisis