Increase in the Cost of Housing in the US 1901-2002 bit.ly/195NbKb http://t.co/kt7pmOFPVi—
Catherine Mulbrandon (@VisualEcon) August 25, 2014
Increase in the Cost of Housing in the US 1901-2002
12 Oct 2015 Leave a comment
in economic history, politics - USA, urban economics Tags: housing affordability, housing prices, land prices, land supply, land use planning, zoning
Will Auckland become like San Francisco?
10 Oct 2015 1 Comment
in economic history, economics of regulation, environmental economics, politics - New Zealand, politics - USA, urban economics Tags: Auckland, housing affordability, land supply, land use planning, RMA, San Francisco, zoning
https://twitter.com/JoshZumbrun/status/652517712070082561/photo/1
"Your neighborhood could be next." San Francisco-wide mailer in support of Prop I, the Mission housing moratorium. http://t.co/PtN38JTaUM—
Jed Kolko (@JedKolko) October 10, 2015
@sival84 @MarketUrbanism @SFyimby More for thought: Permits vs prices for top ten tech hubs trulia.com/blog/trends/pr… http://t.co/yRvjVWDova—
Ralph B. McLaughlin (@housingnomix) October 01, 2015
Generation Rent comes to Scandinavia in lockstep – real housing prices in #Finland, #Sweden & #Norway since 1975
17 Sep 2015 Leave a comment
in economic history, urban economics Tags: Finland, Generation Rent, housing affordability, housing prices, land supply, land use planning, NIMBYs, Norway, Sweden, zoning
Source: International House Price Database – Dallas Fed
Note: The house price index series is an index constructed with nominal house price data. The real house price index is an index calculated by deflating the nominal house price series with a country’s personal consumption expenditure deflator.
No Generation Rent in #Nihon – real housing prices in #Japan and #SouthKorea since 1975
16 Sep 2015 Leave a comment
in development economics, economic history, growth miracles, urban economics Tags: Generation Rent, housing affordability, housing prices, Japan, land supply, land use planning, NIMBYs, South Korea, zoning
Source: International House Price Database – Dallas Fed
Note: The house price index series is an index constructed with nominal house price data. The real house price index is an index calculated by deflating the nominal house price series with a country’s personal consumption expenditure deflator.
Real housing prices in Australia and New Zealand since 1975
15 Sep 2015 Leave a comment
in politics - Australia, politics - New Zealand, urban economics Tags: Australia, housing affordability, housing prices, land supply, land use planning, NIMBYs, zoning
Source: International House Price Database – Dallas Fed
Note: The house price index series is an index constructed with nominal house price data. The real house price index is an index calculated by deflating the nominal house price series with a country’s personal consumption expenditure deflator
No Generation Rent in #Deutschland! Real housing prices in #Germany, #France & #Italy since 1975
14 Sep 2015 Leave a comment
in economic history, urban economics Tags: France, Generation Rent, Germany, housing affordability, housing prices, Italy, land supply, land use planning, NIMBYs, zoning
Source: International House Price Database – Dallas Fed
Note: The house price index series is an index constructed with nominal house price data. The real house price index is an index calculated by deflating the nominal house price series with a country’s personal consumption expenditure deflator.
US and UK Real Housing Price Index, 1975 – 2015
13 Sep 2015 Leave a comment
in economic history, economics of regulation, politics - USA, urban economics Tags: British economy, British politics, housing affordability, housing prices, land supply, land use planning, NIMBYs, zoning
Source: International House Price Database – Dallas Fed
Note: The house price index series is an index constructed with nominal house price data. The real house price index is an index calculated by deflating the nominal house price series with a country’s personal consumption expenditure deflator.
@metiria @NZGreens child poverty is driven by housing unaffordability – by Green opposition to RMA reform
13 Aug 2015 1 Comment
in applied welfare economics, economic history, economics of regulation, labour economics, politics - New Zealand, poverty and inequality, urban economics Tags: antimarket bias, child poverty, expressive voting, family poverty, green rent seeking, housing affordability, land use planning, Leftover Left, New Zealand Greens, NIMBYs, rational ignorance, rational irrationality, RMA, zoning
#moreinclusivenz @povertymonitor Killer graphs & #infographics by NZ Children's Commissioner. Shameful content, NZ http://t.co/mG987C5kh0—
Isabella Cawthorn (@fixiebelle) July 26, 2015
Nothing much has happening to child poverty before housing costs in New Zealand since the early 1980s. It is after housing costs poverty that is crucifying the children in New Zealand.
Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), Table F6 and table F7.
An economy that is not working for all of us, is simply not working. http://t.co/zZu0LOy7ED—
Green Party NZ (@NZGreens) August 13, 2015
From HES 2013 to HES 2014 median household income rose 5% in real terms (5% above the CPI inflation rate)…
On the AHC moving line measures, child poverty rates in HES 2014 are around the same as their peak after the GFC. A good amount of the rise from HES 2013 to HES 2014 is due to the large rise in the BHC median, as noted above, rather than a change in the numbers in low income per se.
The parties that oppose measures to increase the supply of land and reduce the cost of housing through reform of the Resource Management Act and its many restraints on the supply of land are the New Zealand Labour Party and New Zealand Greens.
Children's views on poverty #childpovertynz occ.org.nz/assets/Uploads… http://t.co/wZHJ19QcpN—
Child Poverty NZ (@povertymonitor) September 08, 2015
Liberal voting cities markets have higher income inequality and worse affordability
12 Aug 2015 Leave a comment
in politics - New Zealand, politics - USA, Public Choice, rentseeking, urban economics Tags: Director's Law, expressive boating, green rent seeking, housing affordability, land supply, land use planning, Left-wing hypocrisy, NIMBYs, rational ignorance, rational irrationality, zoning
All homeowners have an incentive to stop new housing because if developers build too many homes, prices fall, and housing is many families’ main asset. But in cities with many Democrats and Green Party members, environmental concerns might also be a factor. The movement might be too eager to preserve the past.

via Why Middle-Class Americans Can’t Afford to Live in Liberal Cities – The Atlantic.
I’m worried! I’m sympathising with organic farmers over a land use conflict!
06 Aug 2015 1 Comment
in applied price theory, applied welfare economics, economics of regulation, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, Richard Epstein, survivor principle Tags: common law, economics of agriculture, food snobs, green rent seeking, land use conflicts, land use planning, law of nuisance, noise pollution, nuisance, old common law, organic farming, Richard Epstein, William Blackstone, zoning
Writing this blog of sound mind and sober disposition, I still have considerable sympathy with two organic farmers over a land use conflict they have with the neighbouring gun range.
Local land use regulations allows a gun club to set up 600 m away with competitive shooting days all day for 88 days a year. That is a voluntary self restraint. They could hold shooting competitions every day of the year. The local land use regulations allow the use of guns on rural land. The gun club used this absence of a prohibition on the use of guns in the frequency of use to set up a gun range to fire guns all day long on rural land.

Now here is the rub. There something wrong with the concept of quiet enjoyment of your land if a neighbour can fire off a large amount of noises continuously. The occasional noise, the occasional gunshot yes, but all day? I live near the airport, but I knew it was there when we bought the property and the lands was a little cheaper because of that.
The organic farmers are unusually pristine and prissy about what they want by neighbours to protect the sacredness of their more expensive snob food. I’m not too sure whether they would want to grant their neighbours an equal right to unusual land uses such as opening a gun range. That said, the organic farmers do have a point about a very noisy neighbouring land use that can be heard some distance away.
The organic farmers, of course, could have negotiated with their neighbours for covenants to restrict land use that undermine there are unusually pristine requirements for quiet enjoyment of their land and their neighbours land too. Easy to do when the land is first unused, but once economic activity accumulates, not so easy in terms of transaction costs and hold-outs.

NIMBY: Where, When, And to Which Developers It Happens in the USA
15 Jul 2015 Leave a comment
in economics of regulation, environmental economics, politics - Australia, politics - New Zealand, politics - USA, urban economics Tags: green rent seeking, Inner-city Left, land supply, land use planning, NIMBYs, zoning
Auckland housing is more expensive than many big US cities
22 Jun 2015 Leave a comment
in economics of regulation, politics - New Zealand, politics - USA, urban economics Tags: Auckland, land supply, land use planning, RMA, zoning
Rising mortgage rates to test U.S. housing market rebound on.wsj.com/1IsKVde http://t.co/vHDJAdM292—
Pedro da Costa (@pdacosta) June 22, 2015
The decline of home ownership in the USA
16 Jun 2015 1 Comment
in economics of regulation, politics - USA, urban economics Tags: home ownership, housing affordability, lamb supply, land use planning, zoning
Home ownership rate, down to level of 20 yrs-ago, is headed even lower, says @NickTimiraos on.wsj.com/1IvwgDA http://t.co/2GeP3VIZzE—
Greg Ip (@greg_ip) June 08, 2015
What will Labour do about the supply of land in Auckland?
12 Jun 2015 Leave a comment
in politics - New Zealand, urban economics Tags: Auckland, housing affordability, land supply, RMA, zoning
New QV figures show Auckland house prices are up a massive 16.1% on last year, now estimated to reach $1m by Aug '16. http://t.co/DwAU79ozCy—
New Zealand Labour (@nzlabour) June 09, 2015

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