Author:Arthur Grimes, Ian Mitchell
This paper proposes a framework for how houses could be developed, with a focus on how regulatory policies and practices affect decision making. The authors surveyed property developers in Auckland on how planning rules and regulations affect the cost of 'affordable' housing.
Almost 90% of the developers surveyed had been affected by delays or uncertainties related to regulation. The typical cost range of regulations is estimated to be between $32,500 and $60,000 per dwelling in a subdivision and between $65,000 and $110,000 per apartment.