The greater Auckland City Council has come under some flak over the proposed inner city rail loop. We believe that Kiwi Rail should be promoting a fast speed train between Auckland and Hamilton. This would allow people who have to work in Auckland, an opportunity to live in the Waikato. The rationale is that Hamilton has lower house prices than Auckland, has available land to build on and it could be used as an overflow for Auckland, helping to ease the current rental and housing shortages. People commute these distances in other countries such as the UK. We believe this is an idea worth pursuing.
Sourced from General Finance Mortgage Commentary