Building townhouses and apartments is becoming increasingly popular, with Auckland leading the charge.  

More than 36-thousand building consents for new homes were issued nationwide in the year to December, up 9%, with multi-unit homes making up the majority of those.  

Master Builders Chief Executive Ankit Sharma told Mike Hosking this is likely to continue in the long term due to infrastructure constraints and population growth in big cities like Auckland. 

He says it's better to build before demand comes or else there will be shortages.  

LISTEN ABOVE 

Building townhouses and apartments is becoming increasingly popular, with Auckland leading the charge. &nbsp;
More than 36-thousand building consents for new homes were issued nationwide in the year to December, up 9%, with multi-unit homes making up the majority of those. &nbsp;
Master Builders Chief Executive Ankit Sharma told Mike Hosking this is likely to continue in the long term due to infrastructure constraints and population growth in big cities like Auckland.&nbsp;
He says it's better to build before demand comes or else there will be shortages. &nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Ankit Sharma: Master Builders CEO on the increasing number of townhouses and apartments being built

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/16aa9fac-dbd3-4c08-aba5-b3e60134c74c/transcript