Auckland economic quarterly November 2018

Author:
David Norman
Source:
Auckland Council Chief Economist's Office
Publication date:
2018

Have job, must travel

  • In the five years to 2017, Auckland added at least 120,000 jobs as the population grew by 180,000.
  • Over 40,000 new dwellings were consented.
  • But not all the housing has been developed near where people work, meaning longer than desirable commutes in a city working to overcome its congestion challenges.
  • The empirical evidence shows that plenty of land has been zoned for housing in work catchments.
  • Commercial infeasibility, land fragmentation and access to finance are three inter-related factors that are probably stopping faster redevelopment near where we are adding new jobs.

Chief Economist's newsletter

Last updated: 2019-02-28