The Joe Walker Podcast Peter Tulip — What Will It Actually Take to Solve the Housing Crisis? [Aus. Policy Series - LIVE]
20 snips
Mar 25, 2025 In this discussion, Peter Tulip, Chief Economist at the Centre for Independent Studies and a former researcher at both the Reserve Bank of Australia and the US Federal Reserve, tackles the Australian housing crisis head-on. He sheds light on the complexities of NIMBY sentiments and the restrictions imposed by heritage laws. Tulip argues for a cultural shift necessary to balance housing supply with demand and critiques zoning regulations that hinder development. He proposes innovative ideas, including 'street votes,' to facilitate community engagement in housing negotiations.
AI Snips
Chapters
Transcript
Episode notes
Anglosphere Zoning
- Restrictive zoning regulations are a common problem across the Anglosphere.
- High immigration rates and emphasis on local control in English-speaking countries might contribute to this.
Urban Sprawl
- Increased car ownership and urban sprawl in the 60s and 70s led to longer commutes, prompting a shift towards higher-density housing.
- As cities grow, outward expansion becomes less feasible, making height restrictions a greater constraint.
NIMBY Motivations
- The "neighborhood defenders" hypothesis, where NIMBYs act altruistically to protect their neighborhood's character, seems more prevalent than purely financial motivations.
- However, home equity concerns make it difficult to convince homeowners that affordability improvements, which could mean lower house prices, are beneficial.