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Sometimes it is possible to want something too much. It can cloud your judgment and lead to decisions you will later regret. Read more
Wellington (29 March 2017): The Productivity Commission’s latest report underscores the importance of a fit-for-purpose planning system, and just how far the current arrangements are from this ideal state, says The New Zealand Initiative. The Better Urban Planning report details how the current planning framework, principally the Resource Management Act 1991, has failed to achieve the economic flexibility and environmental protections it set out to achieve. Read more
Water, water, everywhere – or so it has seemed. In the past few weeks we have had a deluge of controversies over water. Read more
This week business journalist Bernard Hickey took his pen to the subject of housing, listing the factors that have unintentionally conspired to create New Zealand’s housing affordability crisis. It is a piece worth reading because it offers a glimpse into the complex and intertwined regulations and constraints that prevent the housing market from functioning like every other market. Read more
One decent policy rule is never to make the perfect the enemy of the good, but to always keep the perfect in mind anyway. But sometimes there really is the chance to aim for the perfect. Read more
The New Zealand Initiative says Phil Twyford’s infrastructure bonds are a workable policy that could solve the funding problem that is choking off housing supply in New Zealand’s fastest growing cities. The Housing Spokesman for the Labour Party recently announced a policy that would allow homeowners to pay off the core infrastructure over the life of the asset using bond financing. Read more
If you are familiar with British popular history, you may recall this incident from the winter of 1991. A severe weather system had crippled British Rail’s services, despite the company’s claimed best preparations for snow and ice. Read more
Dr Oliver Hartwich speaks to Duncan Garner on The AM Show about immigration numbers in New Zealand, what effect these new arrivals are having on the housing market and discusses the impact on the New Zealand economy.
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Mayors want devolved power to deal with issues facing their communities. If that power comes with responsibility, and accountability, central government should take the request seriously. Read more
Let’s engage in an absurd exercise. Do immigrants, just in coming to New Zealand, make apples more expensive? Read more