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Hamish Firth: Mt Hobson Group urban planning expert on the decline in Auckland apartment sales

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Manage episode 507579411 series 2500324
Content provided by Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The Auckland apartment market is so dire that a developer is renting instead of selling all the units in one new block.

Ockham Residential CEO William Deihl said all the new 10-level 77-unit Whetū in Pt Chevalier would be rented, not sold - sparking discussion about whether apartments have value in the current market.

Mt Hobson Group urban planning expert Hamish Firth says apartments can still suit Kiwi buyers - at a certain age and stage.

"Perhaps older people or downsizers, perhaps students coming through or perhaps young families with lesser amounts of kids. So I think that it's really good that we've got that variety of housing forms."

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See omnystudio.com/listener for privacy information.

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3084 episodes

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iconShare
 
Manage episode 507579411 series 2500324
Content provided by Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The Auckland apartment market is so dire that a developer is renting instead of selling all the units in one new block.

Ockham Residential CEO William Deihl said all the new 10-level 77-unit Whetū in Pt Chevalier would be rented, not sold - sparking discussion about whether apartments have value in the current market.

Mt Hobson Group urban planning expert Hamish Firth says apartments can still suit Kiwi buyers - at a certain age and stage.

"Perhaps older people or downsizers, perhaps students coming through or perhaps young families with lesser amounts of kids. So I think that it's really good that we've got that variety of housing forms."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

3084 episodes

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