Why won’t housing supply YIMBYs ever mention Vancouver?


Brendan Coates from the Grattan Institute was at it again this week, calling on Australia’s major cities to copy Auckland and open up to high-density development:

“The core problem when it comes to housing in Melbourne, is that in a lot of the most attractive areas – where people most want to live, with the best transport infrastructure and other urban amenities – it is very hard, if not impossible, to build more housing”, Coates said.

He said in 2016 Auckland embarked on a radical plan to upzone 75% of residential land, which tripled the city’s dwelling capacity, led to a surge in construction and spared the region from ballooning house prices and rents.

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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.