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Apartment construction rates are down despite planning law changes. Cost escalations and market failures are impacting housing supply.
🟡 Medium · Question without notice28 November 2024 · 499 words
Apartment construction lags despite planning reforms due to cost increases and market failures.
Planning law changes are questioned due to low apartment construction rates.
“We are seeing market failure because of cost issues. We understand that the best policy settings need to be in place to assist the market failure.”
👎 negative· defensive🌡️ warm
Members who spoke
Honey, Dr DavidCarey, Mr John
Topics
housingplanningconstructioneconomy
· 28 November 2024
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