New Zealand has figured out a simple way to build lots and lots of affordable homes — without making the neighbors mad.
the city was hoping for. The size limitations make the option less financially attractive to developers. The experience proved that policymakers have to be willing to tweak policies repeatedly to get their desired outcomes.
"You really need to look at it holistically and make sure that you're bringing all of the additional capacity in the basic things that make the neighborhood feel like a neighborhood," Been said. "More housing supply is almost an unambiguous positive, and allowing that new housing supply through government regulation seems extremely important," Freemark said."That said, we can't just rely on a market-based response to actually get those new housing units to be built, because we're not going to see investment in low-income neighborhoods, and we're not going to see new housing units that are affordable to low- and moderate-income people.
"The procedural side matters a lot, because if you give existing residents veto power, they can show up at community meetings and protest things and drag out the process and require the developer to keep making changes and go back to their architect," Schuetz said."You just make it very, very expensive and so some of the projects will just die because they're no longer worth it.
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