Banks don’t like tiny apartments: a flaw in the Auckland unitary plan
The drafters of Auckland's unitary plan clearly didn't consult the banks when they decided to abolish the minimum apartment size. With special feature audio.
Jenny Ruth Fri, 29 Jul 2016
Auckland’s unitary plan has done away with minimum sizes for apartments and wants to see greater housing density but the banks may stymie the building of small apartments by refusing to advance mortgages on them.
Previously, Auckland Council limited apartment size to no less than 40sq m after an
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