Auckland's Unitary Plan has been released and includes recommendations to allow more high rise houses in "Leafy Suburbs" and more rural land to be zoned residential. One of the aims has been to reduce the huge increases in house prices and improve house availability - and yet nothing has been done to stop foreign buyers distorting the NZ house market. Apparently there are now large numbers of empty houses in NZ now that are being bought as purely tax dodges and part of a very dangerous gambling game that risks our entire economy. Go figure!!
