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Comments on: Sorry, what? http://www.tvhe.co.nz/2013/08/01/sorry-what/ The Visible Hand in Economics Sat, 03 Aug 2013 22:01:33 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Affordable Housing: Five Basic Principles | The Dismal Science http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41739 Sat, 03 Aug 2013 22:01:33 +0000 http://www.tvhe.co.nz/?p=9229#comment-41739 […] Susan Guthrie, and this press release from Labour. Matt has commented expertly on these here and here, and I don't want to beat a dead horse. But in all the discussion about housing in the blogsphere, […]

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By: Matt Nolan http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41730 Fri, 02 Aug 2013 23:09:00 +0000 http://www.tvhe.co.nz/?p=9229#comment-41730 In reply to Swan.

Fair point!

However, if we think communities are trying to co-ordinate building with reference to a long term plan – the threat of central government intervention based on political expediency does create unnecessary uncertainty! The best counter to this is that the council is probably likely to be just as bad!

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By: Swan http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41721 Fri, 02 Aug 2013 09:16:00 +0000 http://www.tvhe.co.nz/?p=9229#comment-41721 In reply to Matt Nolan.

Not clear to me how – letting people do more things with their own property is “intervention” relative to the status quo.

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By: Can’t win in “managing the economy” it seems! | TVHE http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41718 Thu, 01 Aug 2013 22:31:04 +0000 http://www.tvhe.co.nz/?p=9229#comment-41718 […] is the third time in the last couple of days Labour has been knocked for internal inconsistency (first and second) – and I feel a bit bad.  I don’t want to be picking on them specifically, […]

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By: Seamus Hogan http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41716 Thu, 01 Aug 2013 21:36:00 +0000 http://www.tvhe.co.nz/?p=9229#comment-41716 In reply to Matt Nolan.

That was the model I had in mind. But note that for that model to work, it is has to not only be the case that the foreigners don’t care about yield; they must also leave the houses empty rather than letting people live in them for free or below-market rents (all the while paying insurance, rates, and maintenance). I have a another model but in mind, but it has an even harder time passing the sniff test.

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By: Matt Nolan http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41713 Thu, 01 Aug 2013 16:26:00 +0000 http://www.tvhe.co.nz/?p=9229#comment-41713 In reply to boristhefrog.

I think it is best to try to tackle these things constructively – I am trying to be more of a constructive ranter, although I still need to work on that 🙂

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By: Matt Nolan http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41712 Thu, 01 Aug 2013 16:25:00 +0000 http://www.tvhe.co.nz/?p=9229#comment-41712 In reply to Blair.

I agree with Blair’s points (including the idea that parking space limits are a binding constraint). I have two other issues:

1) The policy justification often “misses the point” and tries to add in other unrelated factors (concerns about bubbles) – this is frustrating.
2) I am not a fan of central government being able to determine that it will intervene in the way they are suggesting – I think the Greens do have a point. These issues are long-term planning issues, central government jumping in for political expediency is a risk!

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By: Blair http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41710 Thu, 01 Aug 2013 12:31:00 +0000 http://www.tvhe.co.nz/?p=9229#comment-41710 In reply to detmackey.

Reducing the time limit for greenfield and brownfield consents seems smart. Don’t see anything in there about freeing up height limits, restraints on subdivision, or limiting heritage, traffic and view impediments as grounds for NIMBYism.

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By: boristhefrog http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41707 Thu, 01 Aug 2013 10:20:00 +0000 http://www.tvhe.co.nz/?p=9229#comment-41707 Now I am completely convinced Labour’s economic analysis is being done by under achieving 7 year old…. this is just embarrassingly dumb

And don’t try and apologise for them – clearly they are tits at anything to do with economics at the moment… kick ’em in the nads!!!

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By: detmackey http://www.tvhe.co.nz/2013/08/01/sorry-what/#comment-41705 Thu, 01 Aug 2013 09:28:00 +0000 http://www.tvhe.co.nz/?p=9229#comment-41705 In reply to Matt Nolan.

I was about to get stuck in too with a point about how long they’ve had to make any critique coherent, but these bills have been passed under urgency which is unhelpful for good law.

Anyone got a view on the effects of what’s specifically proposed rather than Labour’s embarrassing response?

RIS: http://www.mbie.govt.nz/about-us/publications/ris/creating-special-housing-areas.pdf/at_download/file

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