As featured in the NZ Herald – Friday September 9th, 2016
“We are a month away on unit title proposals” – Smith
A shakeup of New Zealand’s $40 billion apartment sector is imminent.
Nick Smith, Minister of Building and Housing, this week announced how big changes would soon be unveiled but he did not give any further details of what they would entail.
Announcing how Parliament had passed legislation to extend special housing areas, Smith referred to the apartment shakeup in passing.
“We also have work underway on reforming unit title law to better support apartment development and building law reform to support innovation and improving quality assurance,” Smith said.
