Peter Tulip
petertulip.bsky.social
Peter Tulip
@petertulip.bsky.social

Chief economist at Centre for Independent Studies

Economics 86%
Engineering 9%
Pinned
This paper summarises what I see as the key points in the Australian housing debate, as of February 2024.
www.cis.org.au/wp-content/u... 1/8
www.cis.org.au

I should have been clearer. They didn't walk away. They sold or rented the 95% and never completed the rest, avoiding the charges.

When New South Wales levied developer charges "on completion" we got a lot of 95% finished projects that never completed.

Reposted by Peter Tulip

Reposted by Peter Tulip

Reposted by Peter Tulip

New Research → Building more homes reduces displacement

Reposted by Peter Tulip

Reposted by Peter Tulip

Reposted by Peter Tulip

Reposted by Richard Blundell, Barry Eichengreen, Richard Baldwin , and 123 more

Year 1 data on congestion pricing in Manhattan…

* Vehicle traffic: -11%
* Foot traffic: +3.4%
* Storefront vacancy: -0.9%
* Pollution: -22%
* Revenue for mass transit: $548M

So YES this has been a huge success.

I wonder if easier vehicle efficiency standards are more important than tax incentives, as in the US.
"Light commercial vehicles" like Toyota LandCruiser and Nissan Patrol are allowed 210 g/km of CO2; while passenger vehicles have to meet 141 g/km.

Reposted by Peter Tulip

Reposted by Peter Tulip