29 minutes ago
A builder says there are many half-finished housing developments in Christchurch and Auckland. (File photo)
A builder says Christchurch is seeing an increasing amount of half-finished two-bedroom developments with less appetite in the market.
Carl Taylor, a builder and the head of Combined Building Supplies Co-operative, told Nine to Noon, it was a problem he was seeing for himself in Christchurch and was likely also the case in Auckland.
He said lots of builders had thought it was really easy to get into developments in recent years, but now many units, especially two-bedrooms, were sitting unsold.
