Latest / Early Edition with Ryan Bridge / Carl Taylor: Combined Building Supplies Co-operative CEO on housing consent approvals rising 19%

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Carl Taylor: Combined Building Supplies Co-operative CEO on housing consent approvals rising 19% · Early Edition with Ryan Bridge

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  Speaker 1: New home consents here at home of top forty thousand
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  Speaker 1: for the first time in three years. That's up nineteen
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  Speaker 1: percent on last year. More than half of those townhouses,
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  Speaker 1: apartments and other multi unit homes. Carl Taylor combined Building
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  Speaker 1: Suppliers Cooperative CEO with me this morning. Carl, Good morning,
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  Speaker 1: good morning. How are you very well? Thank you so
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  Speaker 1: you're seeing this. I mean, the question really is whether
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  Speaker 1: an increase in consents means that things will get built.
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  Speaker 2: It's certainly fantastic to see, you know, forty thousand homes consented,
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  Speaker 2: positive sign. I guess the real measures but the real
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  Speaker 2: measure on list recovery is will we be seeing these
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  Speaker 2: projects turn into work on site? And that's probably the
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  Speaker 2: biggest relish at the moment here.
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  Speaker 1: And what are you thinking given that half of them
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  Speaker 1: are townhouses and you look and a lot of them
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  Speaker 1: in Auckland and Canterbreys up too. But you know, you
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  Speaker 1: look at the townhouses, how many are around for sale?
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  Speaker 1: The supply issue.
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  Speaker 2: Look, I mean I've said two markets. You obviously the
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  Speaker 2: Awkland there's a huge amount of townhouses getting built. Same
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  Speaker 2: in christ is a lot of the builders and developer
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  Speaker 2: as I talk to particularly in christ Church, are telling
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  Speaker 2: me that a lot of the townhouses they are doing,
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  Speaker 2: they're just moving their stock just a cost, just to
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  Speaker 2: keep their boys employed. So it's almost open flated in
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  Speaker 2: that regard. But what I am seeing is quite a
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  Speaker 2: resurgence and just the normal three to four bedroom homes
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  Speaker 2: in the outer suburbs of christ Church, they just get
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  Speaker 2: snapped up really quick. So christ Church is absolutely humming.
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  Speaker 2: It's quite exciting.
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  Speaker 1: What about you? It is exciting. It's good to have
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  Speaker 1: exciting news. It always comes out of christ Church at
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  Speaker 1: the moment, doesn't it.
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  Speaker 2: Yes, it does.
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  Speaker 1: Building supplies wise, resources wise, are the issues easing them?
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  Speaker 2: In terms of building material costs? We are certainly seeing
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  Speaker 2: that starting to Platt. I mean, obviously we've come out
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  Speaker 2: of COVID. The demand isn't quite there, but it's certainly
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  Speaker 2: a lot more controlled, which is what we've needed to
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  Speaker 2: see for a while. Obviously we cast in mind back
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  Speaker 2: to the jib Cristi's not that long ago. We don't
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  Speaker 2: have that anymore. So getting materials is easy. Building costs
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  Speaker 2: are certainly up. I always say today is the best
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  Speaker 2: time to buy a build because tomorrow is always going
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  Speaker 2: to be expensive.
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  Speaker 1: Yeah, cal Thank you. Carl Taylor, Combined Building Supplies Cooperitive CEO.
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• 2:11
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• 2:14
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