So much for Auckland’s planning reforms improving affordability

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Last week, Australia and the world’s media was smitten with a new report claiming that ‘upzoning’ planning reforms implemented in Auckland in 2016 dramatically improved housing affordability.

The study was then latched onto by the media, the property lobby and the YIMBY movement arguing that Australia should emulate Auckland’s upzoning reforms.

Michael Read’s article in The AFR captured this view.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.