US, Australian and NZ real house prices, March 1975 to March 2016
17 Jul 2016 Leave a comment
in economics of regulation, politics - Australia, politics - New Zealand, politics - USA, urban economics Tags: Australia, housing affordability
Are Republicans or Democrats More Anti-Science?
16 Jul 2016 Leave a comment
in economics of information, economics of media and culture, economics of regulation, environmental economics, health economics, politics - USA Tags: Anti-Science left, rational irrationality
German, French, British, and US real housing prices, March 1975 to March 2016
15 Jul 2016 1 Comment
in economic history, economics of regulation, politics - USA, urban economics Tags: British economy, France, Germany, housing affordability
Still have not seen a decent explanation for why German housing prices seem to fall for decades on the trot.
.@NZlabour wants to crash house prices! @NZGreens take on the NIMBYs! @PhilTwyford
14 Jul 2016 Leave a comment
in economics of regulation, environmental economics, politics - New Zealand, transport economics, urban economics Tags: housing affordability, land supply, New Zealand Greens, New Zealand Labour Party, NIMBYs
There has been an unexpected outbreak of political courage on the left of New Zealand politics.
The Labour Party wants to crash housing prices by not only abolishing the Auckland urban limit, but ensuring councils can fund the necessary infrastructure to bring new land to the market:
Labour will remove the Auckland urban growth boundary and free up density controls. This will give Auckland more options to grow, as well as stopping land bankers profiteering and holding up development. New developments, both in Auckland and the rest of New Zealand, will be funded through innovative infrastructure bonds.
In response, the Greens want to take on the inner city NIMBYs by greatly increasing housing density and new developments in their pristine suburbs
Like Labour, we believe that people should have a choice about where they live. But a lot of people want to live close to the central city where they work or study. That means delivering more high-quality, inner city housing options, not endless sprawling new suburbs.
It’s often easier and cheaper to revitalise central suburbs than it is to build new suburbs on the city fringes. Infrastructure for new sprawling subdivisions is very expensive.
This outbreak of courage is surprising after the resolute opposition of these parties to any reform of the Resource Management Act to loosen up the land supply.
It is a breakthrough nonetheless because at least the Labour Party admits that housing affordability is about increasing land supply by removing the Auckland urban limit.
New Zealand tops world in growth in the housing price to income ratio
13 Jul 2016 Leave a comment
in economics of regulation, politics - New Zealand, urban economics Tags: housing affordability, land supply, zoning
Source: IMF Global Housing Watch.
New Zealand tops the developed world in housing price growth in 2015
13 Jul 2016 Leave a comment
in economics of regulation, politics - New Zealand, urban economics Tags: housing affordability, land supply, zoning
Source: IMF Global Housing Watch.
If it was 2007 again, what would @jamespeshaw @PhilTwyford do on housing affordability?
08 Jul 2016 Leave a comment
in applied price theory, economics of regulation, politics - New Zealand, urban economics
Source: Housing ‘challenge’ still not a ‘crisis’ | Radio New Zealand News.
Neither Labour nor the Greens have explained where the new land will come from inside the Auckland Metropolitan Limit to build their 100,000 additional houses nor why their proposals will be granted resource consents under existing resource management legislation.
The National Party is unwilling to push shared with resource management law reform despite having 61 votes to do so because of fear of losing votes in the centre.
Why Do Governments Enact Price Controls?
03 Jul 2016 Leave a comment
in applied price theory, economics of regulation, law and economics, property rights Tags: price controls
The iron law of prohibition
03 Jul 2016 Leave a comment
in economics of regulation, health economics Tags: alcohol regulation, black markets, economics of prohibition, economics of smoking, marijuana decriminalisation, offsetting behaviour, The fatal conceit, The pretense the knowledge
@UKIP voters are far more intellectually coherent than #libertarians
02 Jul 2016 1 Comment
in economics of regulation, libertarianism, Public Choice
Only 4% of UKIP voters do not understand why they vote that way.
1/3rd of libertarians do not understand that to be a libertarian means you have to have rather liberal views on marijuana decriminalisation but 1/3rd do not know this.
There has to be some sort of litmus test of being both a UKIP voter and on the on the list the name at night will pick me as we all take more a you being a libertarian. 1/3rd of libertarians failing compared to 4% of UKIP voters do but these probably have already joined the perpetually baffled.
Meet San Francisco’s YIMBYs @PhilTwyford @dbseymour
29 Jun 2016 Leave a comment
in economics, economics of regulation, law and economics, urban economics Tags: land supply, land use planning, NIMBYs, zoning
West Wing 2:4 – Gun Control
23 Jun 2016 Leave a comment
in economics of regulation Tags: gun control
Utopia, you are standing in it! 
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