Tagged: congestion pricing

Housing daily: LVR, NIMBYs, and congestion charging - The Dismal Science

Eric Crampton Jul 16, 2013

The RBNZ will soon announce its Loan-to-Value rules. Matt Nolan makes a few reasonable points (all my paraphrasing):If the policy is targeted at financial stability, then it has to bite on high-leverage first home loans as those are the most likely to wind up in positions of default.  I'm still a bit sceptical here as the OBR rules mean … Read More