Zoning Regulations and Housing Affordability

This episode is the fifth instalment of my Australian policy series, recorded live in Sydney on February 12, 2025.

I speak with Peter Tulip—Chief Economist at the Centre for Independent Studies, and a former senior researcher at both the Reserve Bank of Australia and the US Federal Reserve.

We go deep into what's driving Australia's housing crisis, the problems with heritage rules and height restrictions, critiques of both NIMBY and YIMBY thinking, the sobering 10–20-year timeframe that even an “extremely ambitious” supply plan might require, and the cultural shift needed to reach a new equilibrium where housing is truly abundant.

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