Tagged: housing

NZ budget 2018: gains for health, housing and education in fiscally conservative budget - Guest Work

Guest Author May 17, 2018

Grant Duncan, Massey University; Christoph Schumacher, Massey University; Martin Berka, Massey University, and Nicolette Sheridan, Massey University Finance minister Grant Robertson had to achieve two contradictory aims when he announced the budget today: correct “nine years of neglect”, especially in health and education, and also produce a surplus and pay off … Read More

Crowding out - The Dismal Science

Eric Crampton May 10, 2018

You should always worry at least a bit about whether a government programme crowds out some other private sector initiative. A state-provided daycare centre could crowd out existing private providers. A welfare programme could crowd out existing charitable programmes. And government house-building schemes could crowd out private development. The mechanism for crowding out is simple if you spend a few … Read More

Our soils: more than meets the (developer’s) eye - Guest Work

Guest Author May 04, 2018

Pierre Roudier With a title like “Precious arable land”, needless to say, I’ve read with interest Eric Crampton’s opinion piece published on Sciblogs recently. It followed the release of Our Land 2018, the Ministry for the Environment’s report about the state of New Zealand’s land resources. One of the main outcomes of this report is the impact of … Read More

Housing: what can be done - The Dismal Science

Michael Reddell Apr 19, 2016

In the seemingly-endless housing supply debate, there is often a divide between those favouring greater intensification, and those favouring a larger physical footprint for growing cities.  My own policy view is squarely in the “it should be a matter of individual choice, provided the infrastructure etc costs of development are appropriately internalized, and the rights of existing property owners … Read More

An official target for house prices to disposable incomes - The Dismal Science

Michael Reddell Oct 19, 2015

Getting back to thinking about housing issues, in preparation for a speech next week, I noticed that the Auckland Council’s Development Committee had adopted a target of reducing the Auckland ratio of median house prices to median disposable income to five (from around ten at present) by 2030. The target appears to have been adopted following the recent … Read More

LVRs and the Very Serious People - The Dismal Science

Eric Crampton Jul 23, 2015

The Very Serious People understand the political constraints under which policy operates. They often overestimate the bindingness of those constraints, but the rest of us underestimate them. Here's Tyler:I think of it this way: the People are Very Serious if they realize that common sense morality must, to a considerable extent, rule politics. At least if voters are … Read More