Wellington mayor takes a swipe at landbankers

  • Undeveloped land, with the potential for 2750 new houses, is in the sights of Wellington’s mayor to address the city’s housing crisis.

At his State of the City breakfast meeting on Monday Justin Lester targeted two major ‘landbankers’ who owned some 490 hectares of land on the city fringe.

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ROBERT KITCHIN/FAIRFAX NZ
In February Wellington mayor Justin Lester and deputy Paul Eagle announced 750 units of social and affordable homes would be built in Wellington to avoid an Auckland-style housing crisis.