Good on Paper How to Solve a Housing Crisis
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Dec 10, 2024 Eleanor West, a housing policy researcher and former member of New Zealand's Generation Zero, discusses the nation's bold steps to combat housing crises. She highlights the transformative impact of the 2011 Christchurch earthquake, which spurred significant reforms. West also delves into the contrasts between New Zealand's urban planning and U.S. policies, detailing generational shifts in climate activism. Expect insights on the challenges of political resistance, communal interests, and how innovative zoning can enhance housing availability.
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Christchurch Earthquake and Housing
- The 2011 Christchurch earthquake destroyed a significant portion of the city's housing, causing prices to spike.
- The government relaxed zoning regulations to incentivize rebuilding, leading to a building boom and stabilized prices.
How Upzoning Works
- Upzoning, which allows for greater housing density, increases housing supply.
- This increased supply, in turn, reduces competition and lowers rents and home prices.
Auckland's Upzoning Success
- Auckland's ambitious upzoning in 2016 increased housing permits significantly and lowered rents.
- Strong central government intervention was key to overcoming local opposition.