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Work Underway On Refreshed Growth Strategy For Kāpiti

Tuesday, 6 April 2021, 5:18 pm Work is underway on a refreshed growth strategy for the Kāpiti Coast to plan for an estimated 30,000 new residents over the next 30 years, significantly higher growth than previous forecasts. Kāpiti Coast District Council’s existing strategy for growth, the Development Management Strategy, is now outdated, relies on underlying assumptions that have either come to pass or no longer hold true, and fails to capture emerging challenges and opportunities. “Kāpiti has experienced significant growth over the last few decades and our latest forecasts estimate we need to plan for approximately 30,000 new residents over the next three decades - the equivalent

Community Scoop » Work Underway On Refreshed Growth Strategy For Kāpiti

Press Release – Kapiti Coast District Council Work is underway on a refreshed growth strategy for the Kpiti Coast to plan for an estimated 30,000 new residents over the next 30 years, significantly higher growth than previous forecasts. Kpiti Coast District Councils existing strategy for … Work is underway on a refreshed growth strategy for the Kāpiti Coast to plan for an estimated 30,000 new residents over the next 30 years, significantly higher growth than previous forecasts. Kāpiti Coast District Council’s existing strategy for growth, the Development Management Strategy, is now outdated, relies on underlying assumptions that have either come to pass or no longer hold true, and fails to capture emerging challenges and opportunities.

We ve lost sight of houses as places to live, now they re just assets

The issue of financialisation and the challenges of moving away from this were noted by then-UN Special Rapporteur for Housing Leilani Farha during her visit to New Zealand in early 2020 – “the crisis has its roots in a historic nearly exclusive focus on homeownership which, in more recent years and particularly since the Global Financial Crisis, has translated into housing having lost its function as a place to live, and instead has become a speculative asset.” The extension of the bright-line test from five to ten years falls short of the 20 years recommended by the tax working group, but is a moderate improvement, as is the phased removal of interest as a taxable expense.

Speech to the Palmerston North Housing Forum 2021

Speech to the Palmerston North Housing Forum 2021
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