For the convenience of email subscribers, here's my weekend column on how Nick Smith is hoping to change the expectations of land bankers sitting on 45,000 sections in Auckland by ramping up land supply and killing the Metropolitan Urban Limit.
Building and Housing Minister Nick Smith and Auckland Mayor Len Brown are hopeful a surge of consents for new sections under the Accord will put pressure on land prices and convince bankers to release land for development.
Housing Minister Nick Smith will tell the Auckland Council at their Housing Accord meeting on Friday to relax the planning rules it imposes on housing developments to allow the building of more affordable homes.
Statistics NZ has reported the number of building consents issued in Auckland fell to 476 in October from 489 in September and was up just 10% from a year ago.
The Property Council has warned that the Government's Auckland Accord plan to consent 39,000 houses in the next three years is already in danger because of Auckland Council's decision to water down original plans for denser housing developments.