Latest government housing moves – no immediate effect

Olly appeared in a 3News report on the government’s just-announced moves to free up land for development by overriding council delays. The move is aimed at increasing the number of properties available in Auckland.

Read: Banks given credit downgrade warning

In the video (here) Olly predicted no major impact immediately but says “it will put a bomb under the seats of bureaucrats holding up the process and eventually it will produce more houses.”

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