Teal Initiative

13/12/2019

13/12/2019

The New Zealand Housing Crisis

Simply put, we can not build cost-efficient, fit for purpose housing fast enough to accommodate the current population and meet each regions individual dynamics. The figures are insurmountable and the projected demand is not abating.

Infrastructure, development, building compliance and consenting costs are too high, way out of kilter, and take too long - we all know this.

The industry is bogged down in outdated regulatory processes which stall progress that is required.

In our belief the price of initial entry level housing in New Zealand is over one third higher than where it needs to be.

13/12/2019

Barriers

How on earth has it got to this?

There are many contributing factors to the current housing crisis:

Outdated regulatory process resulting in unnecessarily stalling development - often 10 - 15 years. Time costs money, that’s a fact - someone has to pay - it’s the homeowner (end user) that pays the bill every time.

Ability to access roading, water and sewer infrastructure with sensible time frames.

It is not always land costs. Development and time costs are what drives up section prices - another fact.

Families and our people are paying way too much for housing. When are we going to stop this ridiculous outdated process.

13/12/2019

The way forward

Technology, coupled with this knowledge enables a faster, cheaper, sustainable alternative. A repeatable model:

Create self sustainable, off the grid, fully functional housing suburbs.

Fast track subdivision of suitable land close to the main centers. We need a sensible and logical process to use our resources correctly and reduce our environmental footprints.

Install “Best-in-class” solar, water, waste, mobility and safety technologies for better communities with less crime - in short, the technology exists, sensibly and practically we just need to collate, implement and refine it.

Technology works at scale to maximise cost-efficiency for the home owners.

Create a model where equity can be utilised as a part of a Kiwisaver scheme and initial deposit assistance - like a home ownership account. A “hand up” to get your own home and get you going. This is not hard nor complicated.

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Harness existing technologies & methods

The technology exists now, we know this, we just need to bring it together at scale to make it work sensibly:

Every house to have roof-top solar panels connected to a communal central battery storage solution managed by a control room any where in the world. We call it an app.

Solutions for off the grid water, sewer, household waste and power - “easy as and very doable.”

Best technology for energy saving in all products (fridges, street lights, insulation). We use them now.

Vehicle and transport charging terminals - one of many solutions.

Governments of the day to work with industry experts to enable and reinvent a streamlined process to re-zone land, in a sensible, logical, cost-efficient time frame - it’s just common sense.

All future governments to work together fairly to help people into their own home.

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Economies of Scale

There is huge efficiency when buying and developing at scale.

When a critical mass of homes in each development is optimum, it becomes economically viable and very practical to supply all of the services… right down to transport issues and waste disposal.

Off the grid dual water and treatment plants work at scale and can be installed fast and cost-effectively. No waiting 10 years until availability and having to pay exorbitant servicing costs. None of this is complicated.

When the critical mass of homes is achieved, the likes of generating, managing and storing power and energy becomes really easy - the systems work.

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Ocean Ridge, Kaikoura as the testing ground.

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Innovation and fresh thinking

Ocean Ridge will become a world-leading testing ground for the new model of housing and subdivision. We will prove the technologies and the model which can be rolled out throughout New Zealand.

Kaikoura experienced a large earthquake in 2016 and was nearly isolated in terms of access - if it was self sustaining, off the grid, the town would be more resilient. We know this now.

By creating off the grid suburbs, infrastructure costs are reduced and new housing can be built faster once we refine the model.

Using the best technologies is what we need to do to be sustainable in terms of energy use and climate change. The technology exists already, it makes sense to put them together in one place. The world’s talked about it for long enough - let’s give it a go!