The Kākā by Bernard Hickey
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Choosing dirt, tax-free capital gains and low debt over new homes for kids
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Choosing dirt, tax-free capital gains and low debt over new homes for kids

Government blocks councils from sprawling greenfields housing into 'highly productive land', but also won't fund or incentivise councils to enable much more brownfields homes that NIMBYs hate

TLDR: The Government has ordered councils not to allow greenfields housing developments to sprawl out into highly productive farmlands, but also wants councils to open up more land for housing. How can these two things be credibly consistent?

They could be if the Government also provided the financial incentives and released the debt funding shackles on…

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