FET (old posts)

New ideas and analysis by Dr Cameron K. Murray

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Monday, March 30, 2020

Missing middle housing? Blame economics, not planning

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A common objective of town planning schemes is the densification of existing suburbs to create “ missing middle ” density. This is usually...
Wednesday, March 25, 2020

A housing absorption rate formula—first cut

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Housing supply is one of the most misunderstood processes in economics. The reason for this is that the core standard theory of economics is...
1 comment:
Tuesday, March 24, 2020

Economic tide reveals naked policies

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Superannuation It seems that when people want to withdraw their money from super , the money is not there, and it requires asset sel...
1 comment:
Sunday, March 22, 2020

A "Central Housing Bank" proposal for a crisis and beyond

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Cameron Murray Henry Halloran Trust, The University of Sydney 20 March 2020 Download proposal as a PDF We propose that State governm...
Monday, March 16, 2020

Economic crisis? How about ‘equity mate’?

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During 2009 farmers were paid $61million per month in drought assistance as part of Exceptional Circumstances Subsidies. But the public got ...
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Sunday, January 12, 2020

The easiest retirement system - Retiree Tokens

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People are often confused about retirement income systems. Understandably so. Most economists , and organisations such as the IMF , OECD , n...
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Monday, December 30, 2019

The puzzle of high home prices and vacant homes

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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...
1 comment:
Monday, September 16, 2019

Rent control is totally normal price-cap regulation

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Bernie Sanders has smashed the Overton window. Rent control is going global. Unfortunately, this means that the economics 101 brigade has ...
3 comments:
Sunday, September 8, 2019

Housing subsidy and UBI confusion

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When the Australia government introduced a cash grant for first home buyers, the aggregate effect was to increase home prices by roughly the...
2 comments:
Thursday, August 15, 2019

Microeconomic success, macroeconomic failure

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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...
1 comment:
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