How to manufacture a rental crisis
The government is at it again. They blame everyone but themselves for high and increasing house prices resulting in low housing affordability. Read more
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The government is at it again. They blame everyone but themselves for high and increasing house prices resulting in low housing affordability. Read more
Tuesday’s announcement of new housing policies from the Government has just made New Zealand a far riskier place to do business, warns a policy paper released today by The New Zealand Initiative. A risky place to do business, written by Dr Eric Crampton and Dr Bryce Wilkinson does not assess the effects of these policies, rather it warns of the consequences of this approach to policy-making. Read more
Suppose you have an apple orchard. You hire labour to pick and pack your apples. Read more
Oliver Hartwich, Eric Crampton, Bryce Wilkinson and David Law discuss the Government's new housing package.
The New Zealand Initiative · The Government's Housing Package Read more
Research Assistant Leonard Hong joined Bernard Hickey for an interview to discuss his latest report, The Need to Build: Demographic drivers of the housing market. In the report, Leonard Hong modelled 36 scenarios and found that New Zealand's population gets older and larger by 2038. Read more
The nationwide housing shortage and soaring prices are only going to get worse. Leonard Hong, author of our The Need to Build report, tells Kathryn Ryan on Radio NZ that demand-side solutions such as the bright-line test are just tinkering around the edges. Read more
Last week’s Covid cases in Auckland delayed Finance Minister Robertson’s housing policy announcements. The housing shortage has been at crisis levels for a long time, but the delay in this case is not likely to make any difference. Read more
Eric Crampton talks to Bryan Crump on Radio NZ Nights about urban land use planning systems and if they are fit for purpose. Eric would like to see more localised planning powers and points to a report by a UK think tank Policy Exchange called Strong Suburbs: Enabling streets to control their own development. Read more
“Demography is destiny”, as French sociologist Auguste Comte once put it. Few developments shape our society more than the composition, the age and size of our population. Read more
Against the predictions of most economists early last year, the housing market has boomed through Covid-19. Since March last year, house prices have risen by 20%, rents by 12%. Read more