The Property Academy Podcast Auckland's looming housing crisis – fact or fiction?⎥Ep. 1989
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Feb 20, 2025 A lively debate on whether Auckland faces a future housing shortage or an oversupply. They unpack new Watercare wastewater rules and rising council developer contributions. The impact on developer decisions, approvals being halted, and clever but unpopular wastewater workarounds are explored. They also cover changes to funding horizons and planning rules that squeeze margins and reshape land values.
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Wastewater Rules Can Halt Developments
- Watercare's new wastewater rules can block developers from connecting new homes to existing infrastructure.
- That constraint can make otherwise feasible developments impossible or uneconomic.
Developer Contributions Are Jumping Sharply
- Auckland Council plans big increases in developer contributions that dramatically raise per-unit costs.
- Higher contributions will squeeze developer margins and reduce the number of viable build sites.
Anticipate A Delay Before New Supply Returns
- Expect developers to pause building until market prices rise enough to restore margins.
- Plan for slower new-supply growth rather than immediate price passthrough to buyers.