Ngai Tahu chief executive: construction costs too high

A visit by Ngai Tahu property to the US revealed that building costs in New Zealand are around 3 times higher per square metre, with around NZ$500-800 per square metre in the US compared to NZ$1500-2500 per square metre here, especially in Christchurch.

Ngai Tahu chief executive Tony Sewell discussed that with Kathryn Ryan and others on Radio NZ and with Stuff.co.nz:

  • Radio NZ – Nine To Noon, Tuesday 15 October 2013:  Tony Sewell of Ngai Tahu Property, Warren Jack from Habitat Auckland and Bruce Kohn from NZ Building Industry Federation CEO talk with Kathryn Ryan in detail about our construction costs relative to the US
  • Prices Kill Kiwi Quarter-Acre Dream – Stuff.co.nz, 12 October 2013:  A comparison of international building costs with comments from Ngai Tahu Property chief executive Tony Sewell

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