It's not just about the ability to build houses; it's the question of what that means to society. Actually, I'd put it to the House that the ability to offset these costs through these special purpose vehicles means that more houses can be built now, and I note to the House that this is on top of the national policy statement on urban development, which will require councils to zone more land for housing and will allow for more apartments and town houses. The Resource Management Act reform led by Minister David Parker will change the way we plan for urban growth in New Zealand. The Urban Development Bill will cut through the red tape and will lead large-scale, master-plan urban development projects that are too complex, risky, or uncertain for the private sector to undertake alone. 