Sidelined contracting firm says ballooning costs for removal of storm damaged homes smacks of council ‘incompetency’.
Seismic Shift: Owners should get insurance premium discounts if their homes are more resilient.
Social housing provider relied on outsourced home and land deals for 41% of its new homes last year.
Falling property values, rising interest costs, and rental vacancies create problems for proportionate ownership schemes.
UPDATE: Transaction confirms underlying value for publicly traded retirement village and aged care businesses, analyst says.
Council says it will retain the 999-year encumbrance and wants developer to foot the bill for $200,000 in clean-up costs.
Christ Church Cathedral Reinstatement Ltd chair Mark Stewart on the landmark restoration.
Though the average home build still comes in at about $3250sqm.
Time taken to get consents over the line through New Zealand’s 67 consenting authorities is seen as a major roadblock to building, and part of the reason for rampant build cost inflation.
From granny flats to import substitution, two ministers named Chris are in the advance guard of a Government bent on hammering out reform of the housing sector.