FET (old posts)

People are often confused about retirement income systems. Understandably so. Most economists , and organisations such as the IMF , OECD , n...

One pattern that stands out in the property market is that although homes prices are at all-time highs, so too is the proportion of vacant d...

Bernie Sanders has smashed the Overton window. Rent control is going global. Unfortunately, this means that the economics 101 brigade has ...

When the Australia government introduced a cash grant for first home buyers, the aggregate effect was to increase home prices by roughly the...

When I teach macroeconomics, I use a dog and bone analogy to demonstrate that the macro-economy is not equivalent to just “adding up” the mi...

If there is one idea that defines economics, it is opportunity cost. Unfortunately, muddled thinking about this idea means that across the ...

Many people hold the view that rezoning land to allow higher density residential uses on each plot will accelerate the rate of city housing ...

TL;DR There is a major flaw in the idea that high prices stimulate more housing supply. It is that high price growth itself decreases the...

Leith van Onselen and I were commissioned by the Sustainable Australia Party’s Victorian branch to examine the causes and implications of po...

In traditional economic thinking, the interaction an independently determined supply and demand for rental housing set the market rental pri...