The plan to save Perth: Cut land supply

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From The West Australian:

WA’s peak body of developers claims the State Government’s planning blueprint will dramatically boost house prices, create a catastrophic land shortage and drag the economy down.

The Urban Development Institute of Australia in WA claims the Perth and Peel @ 3.5 million report is based on flawed assumptions and a highly restrictive planning outlook that will thwart progress.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.