Good post. It must have been very frustrating seeing the knee-jerk nimbyism even if it means they're out of a place to live.
I think we can learn from closer: Auckland would be a good place to start, how did they get the political will there? It happened at central government level. I wouldn't hold my breath waiting for the local councils.
I agree with the missing middle and many other concepts you have in your #affordablehousing articles. I hope you aren't going to leave it there. Looked for you on Twitter but couldnt find, and LinkedIn... now following.
I'm keen to keep up with this topic and help find a feasible/ doable solution.
I don’t wholly disagree with you but: why is (high) population growth inevitable? Some countries are shrinking. And sneering at an elderly woman who sees the world differently from you is not an attractive quality…
I am hopeful of the emergence of a voice for younger renters who feel they have been permanently priced out of the property market even if they work hard and get a great job. If it’s happened in Tokyo, Auckland and LA it can happen here.
Good post. It must have been very frustrating seeing the knee-jerk nimbyism even if it means they're out of a place to live.
I think we can learn from closer: Auckland would be a good place to start, how did they get the political will there? It happened at central government level. I wouldn't hold my breath waiting for the local councils.
I agree with the missing middle and many other concepts you have in your #affordablehousing articles. I hope you aren't going to leave it there. Looked for you on Twitter but couldnt find, and LinkedIn... now following.
I'm keen to keep up with this topic and help find a feasible/ doable solution.
Why the housing market has many of the characteristics of monopolies https://fresheconomicthinking.substack.com/p/making-sense-of-property-as-a-monopoly-54e
It’s certainly not a competitive market
https://m.youtube.com/watch?v=d2XzNplDRoM
After a short intro this video shows how closely house prices have tracked borrowing capacity regardless of claims about supply
No problem with NIMBYs here at the Gold Coast. Council just flicks them off and approves stuff bigger than the City Plan signals
The real determinants of house prices are borrowing capacity and developers drip feeding the market to keep prices up
The NIMBY meme is heavily promoted by supply side ideologues like the Centre for Independent Studies and the hard-right Cato Institute in the US
I don’t wholly disagree with you but: why is (high) population growth inevitable? Some countries are shrinking. And sneering at an elderly woman who sees the world differently from you is not an attractive quality…
I am hopeful of the emergence of a voice for younger renters who feel they have been permanently priced out of the property market even if they work hard and get a great job. If it’s happened in Tokyo, Auckland and LA it can happen here.
Why didn't you make a prediction about one of the other green policies on your list? Match immigration to housing.
Since most people want things to stay the same, I predict it's likely that at some point we'll elect populist leaders who are anti immigration.
Then we wouldn't need high density if the population could stay the same or even go backwards.
Great stuff. Keep up the good work.