Queenstown’s council is considering more radical solutions to the town’s housing crisis after the government’s Special Housing Areas (SHAs) failed to bring down prices.
No houses have been finished in any of the seven SHAs created over the past three years, though dozens are now under construction.
The idea was to bring down prices by increasing the supply of houses. And the seven specially designated areas – fast-tracking about 1000 new homes and two aged-care facilities – do seem to have sped up the process by years, by cutting out community objectors.
But there have been few limits put on sales.
Brett Paterson, 32, grew up in Queenstown. He moved to Melbourne for a stint but came back a year ago with his family, with the dream of buying a section and building a home. He was having to give up on that dream as the prices spiralled out of reach.
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