Post

Conversation

Alec Stapp
@AlecStapp
New Zealand offers one of the best case studies on housing policy. Auckland made it easier to build housing. Wellington didn't. Results speak for themselves:
Image
Quote
Sam Dumitriu
@Sam_Dumitriu
New Zealand made it easier to build homes. Developers obliged. Rents are falling as a result. x.com/cjsbishop/stat…
Last editedOpens edit history
126.1K
Views
David Watson 🥑
Post your reply

Jarrett Catlin
@jarrettcatlin
That’s why
@mnolangray
picked NZ as the best int’l case study for CA policymakers to look to (I took Japan off the table)
Quote
Jarrett Catlin
@jarrettcatlin
What city or country is the best inspiration for CA to show we can escape our housing crisis? Here's @mnolangray answer
0:59
952
Jason C
@jasonc_nc
Housing flat earthers down again
Quote
Jason C
@jasonc_nc
Never let the actual get in the way of your theoretical.
Image
Image
Image
699
Philip
@PhilipePreston
Sure but there is a limit to the reduction in rental rates by increasing supply based on cost to build, and fixed costs (maintenance, taxes etc). A some point it is not feasible to build a unit if the rental rates fall below a certain level. Supply limits itself unless building
420
Berk
@AwayBerk
Quote
Berk
@AwayBerk
True. We should talk about Auckland. x.com/kingofthecoast…
420
balirand
@trivcap
But isn't the key whether rents were affordable. Both cities have had comparable rent to income ratios since 2010. Both saw rent to income increase from low 30% to near 60%
81
mike wallace
@mykoalas
Is that sustainable in the long term? It’s so strange to me to be mono-maniacal about land clearing and development - rents being cheap doesn’t make clean water or clean air, and you need massive investments in transit alongside this for it to work
61