Housing supply YIMBY’s exposed!

Advertisement

The media in Australia and around the world became enamored earlier this year by research claiming that ‘upzoning’ planning changes introduced in Auckland in 2016 had a substantial influence on cutting housing costs.

The media, the property industry, and the YIMBY movement immediately jumped on the results, urging Australia to follow similar upzoning laws to those of Auckland.

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

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.