Housing train wreck decades in the making

Gareth MorganEconomics

For many years now some of us have been banging on about the fundamental policy bias that has led to an over-investment in property. Still on the political front nothing material has been done to deal to this cancer because … Read More

Geoff Simmons legalising cannabis in New Zealand

Geoffonomics: The price of clean, green electricity

Gareth MorganEconomics, Environment

Every fortnight Geoff Simmons talks with Jesse Mulligan on RNZ’s Afternoons programme about a variety of economic issues This week they cover the economics of renewable energy www.rnz.co.nz/jesse #geoffonomics Geoffonomics: The price of clean, green electricity was last modified: July … Read More

Face to Face with Shamubeel Eaqub

Gareth MorganEconomics, Tax and Welfare

The new British Prime Minister Theresa May has recognised that the Brexit result was a symptom of a divided society. We are seeing similar issues around the world in the Australian election and the rise of Bernie Sanders and Donald … Read More

Why German House Prices have been Flat

Geoff SimmonsEconomics

Why German House Prices have been Flat The picture below says it all – German house prices have been flat (in real terms) for the past 30 years, while over the same time ours have increased by 150%. This despite … Read More

Three Questions for Labour on their Housing Policy

Geoff SimmonsEconomics

Labour’s housing policy hit all the right political notes; more social housing, more affordable housing, a tax-based rap over the knuckles for all those ‘nasty’ investors and of course a ban on foreign buyers. The question is can they deliver? … Read More

crazy reduce house prices

Would it be Crazy to Reduce House Prices by 40%?

Geoff SimmonsEconomics

Economist Arthur Grimes yesterday suggested building 150,000 new homes to reduce Auckland house prices by 40%. This idea was described as ‘just crazy’ by the Prime Minister. Is it? Affordability We know that in Auckland the median house price is … Read More

Brexit: What could happen next?

Geoff SimmonsEconomics

In the wake of the Brexit vote- Britain leaving the European Union – we have had another night of falls in the pound and red ink on stockmarkets around the world. Some of this reaction is predictable – markets always … Read More