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Kludges are short-term fixes that can patch things over until the main problem can be addressed. If the latch for the rear hatch on your people-mover breaks, a kludge that ties it shut until you can get it to the garage for repairs is just the thing. Read more
The International Monetary Fund has concluded its 2018 visit to New Zealand, checking with a broad range of stakeholders on how things are going here. Executive Director Oliver Hartwich and I were happy to share our views with them last week. Read more
On Tuesday, economist Eric Crampton argued that legislation to prohibit foreign property buyers will do nothing to alleviate the housing crisis. Today, he lays out all the other reasons why the ban makes no sense. Read more
There is not a shred of evidence the prohibition on foreign property buyers will alleviate the housing crisis. It is popu, argues economist Eric Crampton. Read more
Could changes in 1989 to New Zealand’s tax treatment of retirement savings plausibly explain a significant portion of the subsequent sharp rise in New Zealand house prices? Andrew Coleman made the case that it could to a LEANZ audience in Wellington this week. Read more
There is an old saying that when you are in a battle with yourself and you win, you still lose. Perhaps the same thing can be said of our housing shortage. Read more
An Auckland apartment complex has just taken advantage of the new Unitary plan and opened without any carparks. The developers point out the proximity of public transport. Read more
The Government's flagship policy to deliver low-cost homes to first time buyers could be a fail on the affordability front, according to its own ministry officials. Documents released under the Official Information Act reveal KiwiBuild apartments and houses to be priced up to $600,000 in Auckland could still be well out of reach of their target market. Read more
The housing supply shortage is worse than expected. That makes it even more important that government focuses on the key barriers to getting more houses built. Read more
For cynics, it would be easy to denounce the government’s provincial growth programme as a slush fund. However, I am not cynical about the government’s intentions. Read more