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There are no silver bullets in housing and infrastructure policy. Too many separate problems compound, resulting in a severe housing shortage and some of the world’s least affordable housing. Read more
Wellington (Tuesday, 11 July 2023) – The New Zealand Initiative’s new report suggests better tools for infrastructure funding and financing. Chief economist Dr Eric Crampton argues infrastructure funding and financing are a root cause of New Zealand’s housing shortage. Read more
Sean Plunket talks to economist Eric Crampton from the New Zealand Initiative about the Green Party's proposed cap on rent rises.
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Wellington has a lot of problems. No one thing will fix all of them. But the current review of council ratings policy could fix an important problem and provide an example for other urban councils. Read more
Housing crisis makes growth all about ‘up-and-out’ not ‘up-or-out’ If you want affordable housing, it isn’t a choice between whether people should be able to build townhouses and apartments downtown or subdivisions at the city’s fringes. Cities need to be able to grow in all directions, guided by where people want to live and the cost of providing infrastructure. Read more
Local government often finds itself stuck between a rock and a hard place. Councils have limited sources of funding – mainly ratepayers and borrowings – which have practical limits. Read more
Tune into this riveting podcast for a deep-dive into the world of urban planning and infrastructure development in New Zealand! Chief economist Eric Crampton is joined by the Infrastructure Commission’s Nadine Dodge and Peter Nunns to grapple with the complex yet fascinating concept of corridor protection and how foresight is essential to avoid future urban development headaches. Read more
Anyone hoping for an end to the country’s housing affordability crisis should despair. Or at least they should if they live in New Zealand’s largest city. Read more
In this thought-provoking episode, the Initiative’s economists – Dr Oliver Hartwich, Dr Eric Crampton, Dr Tony Burton, and Dr Bryce Wilkinson – dive into the debate over whether Australia is a better option for skilled talent. They discuss the current challenges faced by New Zealand in terms of health, education, and infrastructure, and how the nation's performance is deteriorating relative to Australia. Read more
Auckland Council’s draft Future Development Strategy all but guarantees that Auckland housing will never be affordable. Those keen on affordable housing ought to pay attention to it. Read more