He and his wife have bought a property in Andersons Bay, Dunedin, to house their eldest son and his wife. During the past year, the median house price in Dunedin has jumped from $548,000 to $618,000, a 13% increase. Variation 2 aims to tackle this untenable situation by creating denser urban housing in Dunedin, council development manager Dr Anna Johnson says. Planning rules would be loosened in the hope it would encourage Dunedin property owners to subdivide their sections or build extra dwellings on their land. Dr Johnson says the council has followed central government requirements to provide enough housing development opportunities.
Source: Otago Daily Times March 07, 2021 15:33 UTC