Why the RBA is wrong about zoning and house prices. Again.

Here’s one view why the Reserve Bank’s approach on zoning and housing prices is “conceptually flawed, relies on lobbyist input and doesn’t interrogate housing supply evidence or quantify the effects of planning controls”.

Don’t blame planning for a supply shortage and rising house prices

Recently I argued that cutting red tape or fast-tracking planning approvals would not help the housing market recover from its COVID afflictions. Some developer lobbyists have responded, doubling-down on the claim that rapid and less scrutinised approvals are essential for property market recovery. This claim underpins their attacks on the planning system – it demands […]