The Wgtn Independent Panel looks more ridiculous
The NZ Association of Economists released:
The ninth NZAE Member Survey asked questions inspired by the recommendations recently released by the Independent Hearing Panel on the Wellington District Plan.
A great idea. Here is what they found:
Land use restrictions in district plans reduce housing supply – 96% agreed
Land use restrictions in district plans reduce housing affordability. – 94% agreed
Easing restrictions in district plans will tend to increase housing supply and affordability. – 98% agreed
There is an overwhelming consensus on the economics of housing supply. Yet the IHP decided white is black and that housing supply is immune from supply restrictions.
The Council should over-ride their recommendations. This will then refer the disagreement to the Minister (Chris Bishop) whom I am confident will be on the side of common sense.