'Apparently invisible' build costs missed by government's housing stocktake
Report not reliable as it fails to take into account land, fees and statutory charges.
Sally Lindsay Tue, 06 Mar 2018
The government’s Housing Stocktake Report claiming the price for building an average house in Auckland costs $445,000 has been taken apart by property information company CoreLogic.
CoreLogic’s insurance head, Richard Deakin, says the cost is unreliable as it fails to take into account land,