4 years on - The Dismal Science
Eric Crampton • Mar 02, 2015 •
Here's me at The NBR on Christchurch, 4 years on from February 2011.The government rightly took a lot of criticism for its initial attempts to artificially restrict downtown land supply to force a compact city form and encourage higher-valued development. The planners here exhibited basic cargo-cult thinking: because successful cities have high downtown property prices, they thought they could … Read More