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2195 days ago

Red tape adds to home costs, developers say

The Team Reporter from Hamilton Press

Bureaucratic red tape is adding about $80,000 to the cost of a new home in Hamilton, according to developers.
That's due to both local and national regulations, they say.
And now Hamilton City Council plans to remove a carrot for central city developments, Yeoman Homes may stop building CBD apartments, managing director Andrew Yeoman said.
Council plans to phase out a remission that effectively meant developers didn't have to pay development contributions on central-city projects.
"Red tape definitely adds $80,000 if not more to the cost of a house," Yeoman said. "But it's not all Hamilton City Council rules that make that up - a large amount of that is government regulations."

"In the 17 years I've been building, I'm just astounded at how much costs have increased.
Read more here.

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More messages from your neighbours
13 hours ago

Poll: When should the tree go up? 🎄

The Team from Neighbourly.co.nz

From what we've heard, some Christmas trees are already being assembled and decorated.

What are your thoughts on the best time to get your Christmas tree up?

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When should the tree go up? 🎄
  • 5.1% Second half of November
    5.1% Complete
  • 41.1% 1st December
    41.1% Complete
  • 17.9% A week before Christmas
    17.9% Complete
  • 34.6% Whenever you wish
    34.6% Complete
  • 1.3% Other - I'll share below
    1.3% Complete
547 votes
1 day ago

Riddle Me This, Neighbours! Bet You Can’t Guess It!

Riddler from The Neighbourly Riddler

Sometimes narrow, sometimes wide, wind or rain, I stay outside.
Even if there’s heat or snow, from house to house I will still go.
What am I?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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7 hours ago

Poll: Do you think this is probably the reason?

Libby Totton Reporter from Waikato Times

Work changes, divorces and other life events are probably behind many of Waikato’s loss-making house sales, a realtor says.

Recent figures revealed more than 10% properties resold in Hamilton and Waikato District went for less than what the sellers had paid.

Do you think this is probably the reason? Tell us your reasons in the comments (adding NFP if you don't want your words used in print).

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Do you think this is probably the reason?
  • 40% Yes
    40% Complete
  • 20% Not sure
    20% Complete
  • 40% No
    40% Complete
5 votes