The Central Bank involvement is important however, for 2 major reasons. First … to protect the financial system. Second … to pressure the Authorities at both central and local level to get on dealing with land supply and infrastructure financing.
In using the Annual Demographia Surveys as a foundation, we have had exhaustive public conversation here in New Zealand and good political progress is being made in dealing with the core structural supply issues … refer …
2 replies on “Central Bank of Ireland Conference: Balance Sheet Recovery of Households and Firms”
Well done to Dr John McCathy, research Director with Savills, for his opinion in The Independent ” …
Central Bank rules will not stop house prices from soaring – John McCarthy – Irish Independent.ie
http://www.independent.ie/opinion/comment/central-bank-rules-will-not-stop-house-prices-from-soaring-30949613.html
… with the emphasis on supply.
The Central Bank involvement is important however, for 2 major reasons. First … to protect the financial system. Second … to pressure the Authorities at both central and local level to get on dealing with land supply and infrastructure financing.
In using the Annual Demographia Surveys as a foundation, we have had exhaustive public conversation here in New Zealand and good political progress is being made in dealing with the core structural supply issues … refer …
http://www.PerformanceUrbanPlanning.org
New Zealand seeks to avoid “generation rent” – MacroBusiness Australia
http://www.macrobusiness.com.au/2014/10/new-zealand-seeks-to-avoid-generation-rent/
“Unblocking Constipated Planning” in New Zealand | Newgeography.com
http://www.newgeography.com/content/003950-unblocking-constipated-planning-new-zealand
The 11th Annual Demographia International Housing Affordability Survey was released 19th January.
Hugh Pavletich
Co-author Annual Demographia International Housing Affordability Survey
http://www.performanceurbanplanning.org/ & http://info.scoop.co.nz/Hugh_Pavletich
Christchurch
New Zealand
Some of this year’s Demographia International Housing Affordability Survey media coverage, since 19th January release, may be of interest …
https://www.google.co.nz/?gws_rd=ssl#q=demographia&tbm=nws
In essence, housing inflation is poverty creation.
Two rather outstanding articles out of Canada …
What’s so smart about unaffordable housing? – The Globe and Mail
http://www.theglobeandmail.com/globe-debate/whats-so-smart-about-unaffordable-housing/article22607554/
Barbara Yaffe: Vancouver’s high housing costs mean less cash on hand to pay more taxes
http://www.vancouversun.com/business/Barbara+Yaffe+Vancouver+high+housing+costs+mean+less+cash+hand+more+taxes/10768207/story.html
Due to crushing housing costs, we have far less discretionary income than other Canadians
By Barbara Yaffe, Vancouver Sun columnist