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Rental growth has been picking up in recent months, an interesting phenomenon given that house price growth has stalled, and rents and house prices have historically moved in the same direction. Some of the reasons why rents and house prices should move in the same direction are: Rising house prices drive people out of the […]
From the Hive we see that the government may be having trouble getting its mandatory biofuel regulation through parliament. Anyone that knows me will know that this makes me glad, not because I’m a climate change denialist (I’m willing to trust the experts on this one), not because I’m concerned about biofuel not having a […]
People are talking insistently about recession in New Zealand. Driving the recent spate of concerns is the deterioration in consumer confidence over the last three months. All three of the indicators we follow (Colmar Brunton, Roy Morgan, and Westpac McDermott-Miller) have shown a significant deterioration in consumer sentiment since the start of 2008. Now a […]
I don’t know why I was reading both the About Town blog and the Times, but I was and now I have to write about it. Mrs Saunders raises an interesting question, namely: If, as most people seem to be saying, New Zealand women are a bunch of sex predators who will do anything for […]
The government is introducing ways to reduce the compliance costs associated with building homes. By doing this, the government can increase the amount of house and land packages in perth or increase the supply of properties, lowering the price of houses, and thereby increasing housing affordability. No doubt this will be an interesting policy to […]
Here I am going to discuss an issue that is way over my head – but is extremely important for the practical application of economic concepts. I am going to discuss how changes in economic policies can influence social structure. I decided that I would attempt to write about this after reading this post. In […]