Housing crisis? You ain't seen anything yet
Against the predictions of most economists early last year, the housing market has boomed through Covid-19. Since March last year, house prices have risen by 20%, rents by 12%. Read more
Against the predictions of most economists early last year, the housing market has boomed through Covid-19. Since March last year, house prices have risen by 20%, rents by 12%. Read more
We are not building enough to meet the looming demographic changes and demands. In his interview on The AM Show, Leonard Hong highlighted findings from his report, The Need to Build: The demographic drivers of housing demand, which says policymakers should stop blaming the housing crisis on migration and speculation and instead find policy solutions to free up urban development and housing supply. Read more
There are calls for the Government to ease building restrictions if we want even a chance of fixing the housing crisis. The New Zealand Initiative report "The need to build - the demographic drivers of housing demand" shows population growth will require an extra 30-thousand homes per year. Read more
Urban land use planning systems that load councils with the costs of urban growth while letting councils decide whether new housing can be built are a recipe for failure. This underpins a decade of low build rates, a substantial housing shortage, and skyrocketing house prices. Read more
In this week's podcast, Senior Economist Matt Burgess provides an update on the Climate Change Commission's draft emissions report. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Daily testing for everyone involved in the border system was always ideal, though it took rather some time for the government to come around to that view. It looks like daily Covid testing will soon be part of the border regimen. Read more
A couple of weeks ago, in this place, I wrote about my humbling experience playing the new politics simulation Democracy 4. Running a country successfully and getting re-elected were near impossible tasks, I concluded. Read more
In Greek mythology, Hercules was tasked with slaying Hydra, a gigantic and deadly water snake. Hydra had multiple heads. Read more
New, accurate, and rapid saliva-based PCR testing for Covid-19 has started to be used in New Zealand, after being validated by the University of Illinois in 2020. The New Zealand Initiative Chief Economist, Dr Eric Crampton, and Rako Science Executive Director, Leon Grice, discuss the benefits of this test and how it makes daily testing possible for those who work at the New Zealand border. Read more
It does not happen every day that I find myself in agreement with the Ministry of Education. But their reasoning for introducing a New Zealand history curriculum is sound. Read more
In this week's podcast, our Operations Director Chelsy Killick talks with Oliver Hartwich about the Government's proposal for a new New Zealand history curriculum. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
UK political commentator Jeremy Driver put his finger on something important about his country’s failure to deal sensibly with Covid. It’s something that has also been rather easy to see from half-way around the world. Read more
In this week's podcast, Oliver Hartwich expands on his Newsroom column (9 February), where he discusses how the EU's Covid-19 vaccine rollout disaster is shredding the Commission's credibility. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
This week, the New Zealand Herald reported that parents have swamped after-school tuition firms. One tutoring company said their phones “have been ringing non-stop”. This follows the formation of a Royal Society expert panel by the Ministry of Education. Read more
If you want to get into New Zealand during the pandemic, it’s not that hard. The government just needs to consider you to be a priority for a scarce managed isolation space. Read more