Devastating effect of government bureaucracy following the earthquakes of 2010 and 2011. As told by two business owners, an economist and an engineer. Concludes with the Libertarianz policy to make Christchurch a free enterprise zone.
Christchurch Earthquake | Libertarianz TV
04 Aug 2014 Leave a comment
in economics of natural disasters, economics of regulation, liberalism, libertarianism, politics - New Zealand, urban economics Tags: Christchurch earthquake, economics of natural disasters
The great cost of energy efficient building codes
02 Aug 2014 Leave a comment
in environmental economics, environmentalism, urban economics Tags: energy efficient building codes, green rent seeking
Koirala, Bohara and Berrens (2014) found that requiring energy efficiency building codes raises housing prices but they then attempted to find out if this price rise is offset by reductions in household energy expenditures down the road.
Using sample data from the American Community Survey 2007, they found that energy efficiency regulations in building codes, once capitalized, increases housing rents by 23.35 per cent. The offset in reduced monthly energy expenditures only amounts to 6.47 per cent. The codes cost $163.19 per month and only save us $7.71.
HT: Richard Tol
New Zealand is the second most expensive place to put a roof over your head in the OECD area
16 Jun 2014 Leave a comment
in economics of regulation, urban economics Tags: housing affordability, land supply, land use regulation, urban economics
HT: OECD at slideshare.net via Don Brash
Housing price booms and the restrictiveness of land-use regulation in the USA
09 Jun 2014 Leave a comment
in economics of regulation, rentseeking, urban economics Tags: housing prices, land use regulation
The picture tells a 1000 words.
Rethinking urban growth boundaries
26 May 2014 Leave a comment
in applied price theory, Public Choice, urban economics Tags: supply of land, town planning, urban limits
Land just inside the Auckland urban limit is worth 10 times the value of land just outside the limit.
Utopia, you are standing in it! 
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