LATEST UPDATE Auckland Housing Market: Homeowners BLINDSIDED by Watercare Nightmare

If you're a developer planning to contribute affordable housing to the Auckland housing market, brace yourself for a major hurdle. Watercare, the Council-Controlled Organisation, has released a map indicating it could take over a decade to install necessary infrastructure in large parts of Auckland. With the city’s population of 1.75 million projected to grow by 13% in the next decade, what does this mean for housing supply? Best-selling author and former lawyer Dave Whitburn, also a past president of the Property Investors Association, shares his insights. Having recently completed a 74-unit new build in West Auckland, Dave dives into the implications for Auckland’s housing future.

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Chapters
00:00 What's happening?
03:30 Is this a political decision?
06:55 Does Watercare release how they spend their money?
08:34 Will high density areas be less affected?
10:47 Are there technological limitations holding back expansion?
11:50 Are we seeing environmental impacts?
14:10 Is rainwater part of the solution?
15:30 Legal due diligence
17:55 How long has this been in the works?

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Disclaimer: This video is for entertainment purposes only and is not financial advice. Opinions in this video are general in nature and are not a recommendation, opinion or guidance to any viewer in relation to acquiring or disposing of a financial product. Viewers should not rely on these opinions and should always seek specific independent financial advice appropriate to their own individual circumstances.

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