Superu report shows huge impact of land regulation

A new government research report from Superu found land supply regulations could be responsible for a whopping 56 per cent of Auckland house prices – and 48 per cent of Wellington’s. ACT leader David Seymour seized on it, promising that if his party increased its vote, it could push National to reform planning laws. ‘‘With five ACT MPs, we will reform restrictive land use laws and restore affordability to a housing market gone mad.’’ ACT has polled above 1 per cent only once this year.