Geoff Simmons legalising cannabis in New Zealand

Geoffonomics: Ghost houses

Geoff SimmonsEconomics

Every fortnight Geoff Simmons talks with Jesse Mulligan on RNZ’s Afternoons programme about a variety of economic issues This week they cover the housing crisis and the impact of “ghost” houses. www.rnz.co.nz/jesse #geoffonomics

House prices – The driver of inequality

Gareth MorganTax and Welfare

Thomas Piketty’s celebrated 2014 work suggested that in a capitalist economy wealth naturally accumulates and squeezes the share of national income that accrues to workers. Piketty’s ideas have struck a chord with those who believe that there has been a … Read More

Migration matters for house prices

Susan GuthrieEconomics

They say a picture can paint a thousand words – so let’s save words and cut straight to the chase on the issue of immigration and house prices…     Over the past two decades migration has had a strong … Read More

House prices a cancer for the economy

Gareth MorganEconomics

[message_box  color=”red”]This article has been updated an located here – Policy at the root of housing problem in NZ[/message_box]   It is no coincidence that around the world attention has turned to how an economic recovery can be garnered against … Read More

Glass House Politics

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments This week we’ve had two condemnations from our government of the fiscal expansions being considered by the Australian and US governments. The adoption of a “holier than thou” stance by both PM Bolger … 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

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