Housing move welcomed

Thursday 20 May 2004

A plan to build affordable housing in Motueka will make home ownership a reality for more people, Tasman mayor John Hurley says.

By The Landlord

Mr Hurley said on Monday a plan had been discussed by the council at a workshop two months ago, to develop 70 low-cost houses in a subdivision in Motueka south.

"One of the difficulties we face is a lot of development has been on higher-value land and we have a distortion in the marketplace.

"That has meant the price of property is beyond the reach of many, so this is a genuine endeavour to meet the housing needs in the town."

Read More - Opens in a new window
Commenting is closed

House Prices

Is the market resurgence coming to an end?

Steady declines in value growth are becoming evident – as QV’s latest data reveals – and that suggests the housing market’s resurgence could be coming to an end.


Augusta Capital takeover bid now unconditional

ASX-listed Centuria Capital has declared that its takeover of New Zealand property funds manager Augusta Capital is now unconditional, as it has secured nearly 66% of Augusta’s shares.


ANZ eases servicing test

ANZ has become the latest bank to ease its servicing test criteria for borrowers, reflecting the lower interest rate environment.

Site by PHP Developer