Tagged: Hugh Pavletich

Migration, amenities, and median multipliers - The Dismal Science

Eric Crampton • Mar 31, 2015 •

• housing,
• Hugh Pavletich,
• Peter Nunns

In the standard spatial urban economics model, the marginal person has to be indifferent between living in different cities. That doesn't mean that all cities have to be identical but rather that, from the perspective of the marginal resident, the down... Read More

The Rent is Really Rather High: Christchurch edition - The Dismal Science

Eric Crampton • Jul 09, 2013 •

• Christchurch,
• Hugh Pavletich

The median two-bedroom property available for rent in Christchurch today, listed on TradeMe, is going for $395 per week. There are 173 2-bedroom properties available. There are fifty properties listed at $340 per week or less; that's also the price at the 25th percentile. When I'd checked this back in March, the median Christchurch price was $365 and the … Read More