Peter Tulip
@petertulip.bsky.social
Chief economist at Centre for Independent Studies
The Victorian Liberal Party (including so-called 'classical liberal' Tim Wilson) joins local residents to oppose housing affordability and free markets.
www.smh.com.au/politics/vic...
www.smh.com.au/politics/vic...
November 16, 2025 at 11:23 AM
The Victorian Liberal Party (including so-called 'classical liberal' Tim Wilson) joins local residents to oppose housing affordability and free markets.
www.smh.com.au/politics/vic...
www.smh.com.au/politics/vic...
When the electorate realises that stimulating demand worsens affordability, the Federal government will need to do something to boost housing supply.
And not just social housing. Something for the 96% of households who live in market housing.
And not just social housing. Something for the 96% of households who live in market housing.
October 5, 2025 at 3:50 AM
When the electorate realises that stimulating demand worsens affordability, the Federal government will need to do something to boost housing supply.
And not just social housing. Something for the 96% of households who live in market housing.
And not just social housing. Something for the 96% of households who live in market housing.
"Australia’s five most powerful property people in 2025."
www.afr.com/property/com...
www.afr.com/property/com...
September 25, 2025 at 12:41 AM
"Australia’s five most powerful property people in 2025."
www.afr.com/property/com...
www.afr.com/property/com...
The effect of allowing medium density in Kelowna, relative to nearby neighbourhoods that did not upzone: 2/3
September 2, 2025 at 4:49 AM
The effect of allowing medium density in Kelowna, relative to nearby neighbourhoods that did not upzone: 2/3
Two upzonings in British Columbia.
Kelowna delivered a big increase in construction but Coquitlam did not.
Because Coquitlam also imposed red tape, parking requirements, etc.
A reason for setting targets for completions, not theoretical "capacity".
www.sciencedirect.com/science/arti... 1/3
Kelowna delivered a big increase in construction but Coquitlam did not.
Because Coquitlam also imposed red tape, parking requirements, etc.
A reason for setting targets for completions, not theoretical "capacity".
www.sciencedirect.com/science/arti... 1/3
September 2, 2025 at 4:49 AM
Two upzonings in British Columbia.
Kelowna delivered a big increase in construction but Coquitlam did not.
Because Coquitlam also imposed red tape, parking requirements, etc.
A reason for setting targets for completions, not theoretical "capacity".
www.sciencedirect.com/science/arti... 1/3
Kelowna delivered a big increase in construction but Coquitlam did not.
Because Coquitlam also imposed red tape, parking requirements, etc.
A reason for setting targets for completions, not theoretical "capacity".
www.sciencedirect.com/science/arti... 1/3
"Such damaging effect" ????
That is ignorant and misleading.
Several good researchers, using different approaches, find that tax concessions have only a tiny positive effect on housing prices, while reducing rents.
That is ignorant and misleading.
Several good researchers, using different approaches, find that tax concessions have only a tiny positive effect on housing prices, while reducing rents.
August 31, 2025 at 2:41 PM
"Such damaging effect" ????
That is ignorant and misleading.
Several good researchers, using different approaches, find that tax concessions have only a tiny positive effect on housing prices, while reducing rents.
That is ignorant and misleading.
Several good researchers, using different approaches, find that tax concessions have only a tiny positive effect on housing prices, while reducing rents.
Several good researchers, using different approaches, find that tax concessions have a tiny positive effect on housing prices, while reducing rents.
August 30, 2025 at 2:35 AM
Several good researchers, using different approaches, find that tax concessions have a tiny positive effect on housing prices, while reducing rents.
How do we get an evidence-based discussion of housing policy?
We make two steps forward (Minns’ and Bishop’s great speeches this week).
Then @chriswallace.bsky.social publishes this muck, contradicted by the available research.
www.thesaturdaypaper.com.au/comment/topi...
We make two steps forward (Minns’ and Bishop’s great speeches this week).
Then @chriswallace.bsky.social publishes this muck, contradicted by the available research.
www.thesaturdaypaper.com.au/comment/topi...
August 30, 2025 at 2:35 AM
How do we get an evidence-based discussion of housing policy?
We make two steps forward (Minns’ and Bishop’s great speeches this week).
Then @chriswallace.bsky.social publishes this muck, contradicted by the available research.
www.thesaturdaypaper.com.au/comment/topi...
We make two steps forward (Minns’ and Bishop’s great speeches this week).
Then @chriswallace.bsky.social publishes this muck, contradicted by the available research.
www.thesaturdaypaper.com.au/comment/topi...
Another example of why housing is unaffordable.
Look at the photo. Residents want “preservation of heritage” standing in front of a vacant lot.
This site is a 13 minute bus trip to the CBD – an ideal site for 150 new dwellings. 1/3
Look at the photo. Residents want “preservation of heritage” standing in front of a vacant lot.
This site is a 13 minute bus trip to the CBD – an ideal site for 150 new dwellings. 1/3
August 16, 2025 at 8:50 AM
Another example of why housing is unaffordable.
Look at the photo. Residents want “preservation of heritage” standing in front of a vacant lot.
This site is a 13 minute bus trip to the CBD – an ideal site for 150 new dwellings. 1/3
Look at the photo. Residents want “preservation of heritage” standing in front of a vacant lot.
This site is a 13 minute bus trip to the CBD – an ideal site for 150 new dwellings. 1/3
Better:
(Perth Ave, Lindfield, NSW, Australia; near my house).
(Perth Ave, Lindfield, NSW, Australia; near my house).
August 2, 2025 at 5:41 AM
Better:
(Perth Ave, Lindfield, NSW, Australia; near my house).
(Perth Ave, Lindfield, NSW, Australia; near my house).
July 31, 2025 at 11:40 AM
Why does more housing boost productivity so much?
Because zoning restrictions create a large wedge between the value of new homes and the marginal social cost of supplying them. 2/2
Because zoning restrictions create a large wedge between the value of new homes and the marginal social cost of supplying them. 2/2
July 28, 2025 at 1:39 AM
Why does more housing boost productivity so much?
Because zoning restrictions create a large wedge between the value of new homes and the marginal social cost of supplying them. 2/2
Because zoning restrictions create a large wedge between the value of new homes and the marginal social cost of supplying them. 2/2
Key numbers for the productivity summit.
An extra dollar's worth of resources put into most industries creates about $1 of value.
An extra dollar put into building homes creates $1.60 of value in Sydney and $1.24 of value in Melbourne.
productivity.nsw.gov.au/building-mor... 1/2
An extra dollar's worth of resources put into most industries creates about $1 of value.
An extra dollar put into building homes creates $1.60 of value in Sydney and $1.24 of value in Melbourne.
productivity.nsw.gov.au/building-mor... 1/2
July 28, 2025 at 1:39 AM
Key numbers for the productivity summit.
An extra dollar's worth of resources put into most industries creates about $1 of value.
An extra dollar put into building homes creates $1.60 of value in Sydney and $1.24 of value in Melbourne.
productivity.nsw.gov.au/building-mor... 1/2
An extra dollar's worth of resources put into most industries creates about $1 of value.
An extra dollar put into building homes creates $1.60 of value in Sydney and $1.24 of value in Melbourne.
productivity.nsw.gov.au/building-mor... 1/2
The second group are leftists, like Greens and planners, who reflexively distrust the market.
They are noisy but only have influence in inner suburbs.
Their views, like Izabella Antoniou, are economically illiterate. They should read the research. 4/4
They are noisy but only have influence in inner suburbs.
Their views, like Izabella Antoniou, are economically illiterate. They should read the research. 4/4
July 13, 2025 at 4:12 AM
The second group are leftists, like Greens and planners, who reflexively distrust the market.
They are noisy but only have influence in inner suburbs.
Their views, like Izabella Antoniou, are economically illiterate. They should read the research. 4/4
They are noisy but only have influence in inner suburbs.
Their views, like Izabella Antoniou, are economically illiterate. They should read the research. 4/4
Economists support high uniform land taxes because that helps to allocate land to its most valuable use.
Rosehill racecourse is a good example. If it were fairly taxed, commensurate with its $5billion market value, it would be sold off for housing.
@sydney.yimby.au
Rosehill racecourse is a good example. If it were fairly taxed, commensurate with its $5billion market value, it would be sold off for housing.
@sydney.yimby.au
May 29, 2025 at 5:47 AM
Economists support high uniform land taxes because that helps to allocate land to its most valuable use.
Rosehill racecourse is a good example. If it were fairly taxed, commensurate with its $5billion market value, it would be sold off for housing.
@sydney.yimby.au
Rosehill racecourse is a good example. If it were fairly taxed, commensurate with its $5billion market value, it would be sold off for housing.
@sydney.yimby.au
Here's the article in the Telegraph.
@sydney.yimby.au's web page has more: www.sydney.yimby.au/blog/rosevil... 2/2
@sydney.yimby.au's web page has more: www.sydney.yimby.au/blog/rosevil... 2/2
May 25, 2025 at 1:33 AM
Here's the article in the Telegraph.
@sydney.yimby.au's web page has more: www.sydney.yimby.au/blog/rosevil... 2/2
@sydney.yimby.au's web page has more: www.sydney.yimby.au/blog/rosevil... 2/2
Wealthy Roseville homeowners are asking for “minimum $1000 per household” to fight a block of flats.
This is callous and unfair.
www.dailytelegraph.com.au/news/nsw/ros... 1/2
This is callous and unfair.
www.dailytelegraph.com.au/news/nsw/ros... 1/2
May 25, 2025 at 1:33 AM
Wealthy Roseville homeowners are asking for “minimum $1000 per household” to fight a block of flats.
This is callous and unfair.
www.dailytelegraph.com.au/news/nsw/ros... 1/2
This is callous and unfair.
www.dailytelegraph.com.au/news/nsw/ros... 1/2
This same city vs rural realignment has been dramatic in the US.
Cities have trended Democratic. Rural areas have trended Republican.
stanfordmag.org/contents/the... 2/4
Cities have trended Democratic. Rural areas have trended Republican.
stanfordmag.org/contents/the... 2/4
May 6, 2025 at 5:40 AM
This same city vs rural realignment has been dramatic in the US.
Cities have trended Democratic. Rural areas have trended Republican.
stanfordmag.org/contents/the... 2/4
Cities have trended Democratic. Rural areas have trended Republican.
stanfordmag.org/contents/the... 2/4
As in other democracies, Australian politics is realigning.
It used to be rich vs poor. No longer.
Now it is cities vs country.
The Coalition has won 5 out of the top 50 highest-income electorates and 8 out of 88 metropolitan electorates.
But they remain strong elsewhere. 1/4
It used to be rich vs poor. No longer.
Now it is cities vs country.
The Coalition has won 5 out of the top 50 highest-income electorates and 8 out of 88 metropolitan electorates.
But they remain strong elsewhere. 1/4
May 6, 2025 at 5:40 AM
As in other democracies, Australian politics is realigning.
It used to be rich vs poor. No longer.
Now it is cities vs country.
The Coalition has won 5 out of the top 50 highest-income electorates and 8 out of 88 metropolitan electorates.
But they remain strong elsewhere. 1/4
It used to be rich vs poor. No longer.
Now it is cities vs country.
The Coalition has won 5 out of the top 50 highest-income electorates and 8 out of 88 metropolitan electorates.
But they remain strong elsewhere. 1/4
Yes. Australian data:
May 2, 2025 at 6:55 AM
Yes. Australian data:
The RBA goes out of its way to avoid informing us what it may do.
This seems to reflect an inability to think clearly.
They should draw some lines on a chart, with confidence intervals, like other central banks.
That would be simpler and clearer.
www.crikey.com.au/2025/04/16/r...
This seems to reflect an inability to think clearly.
They should draw some lines on a chart, with confidence intervals, like other central banks.
That would be simpler and clearer.
www.crikey.com.au/2025/04/16/r...
April 16, 2025 at 4:41 AM
The RBA goes out of its way to avoid informing us what it may do.
This seems to reflect an inability to think clearly.
They should draw some lines on a chart, with confidence intervals, like other central banks.
That would be simpler and clearer.
www.crikey.com.au/2025/04/16/r...
This seems to reflect an inability to think clearly.
They should draw some lines on a chart, with confidence intervals, like other central banks.
That would be simpler and clearer.
www.crikey.com.au/2025/04/16/r...
In contrast, NIMBYs think it is unreasonable for apartment-dwellers to overlook their tennis courts.
And planning panels side with the NIMBYs! 2/2
And planning panels side with the NIMBYs! 2/2
March 31, 2025 at 12:30 PM
In contrast, NIMBYs think it is unreasonable for apartment-dwellers to overlook their tennis courts.
And planning panels side with the NIMBYs! 2/2
And planning panels side with the NIMBYs! 2/2
An illustrative case-study in the disagreement between NIMBYs and YIMBYs.
Elsternwick in Melbourne. 1/2
www.theage.com.au/national/vic...
Elsternwick in Melbourne. 1/2
www.theage.com.au/national/vic...
March 31, 2025 at 12:30 PM
An illustrative case-study in the disagreement between NIMBYs and YIMBYs.
Elsternwick in Melbourne. 1/2
www.theage.com.au/national/vic...
Elsternwick in Melbourne. 1/2
www.theage.com.au/national/vic...
I sort-of understand conservatives who support zoning restrictions. They just have different values.
But I don't understand so-called leftists supporting zoning.
They seem to think any regulation is good, even if it increases inequality.
theconversation.com/25-years-int...
But I don't understand so-called leftists supporting zoning.
They seem to think any regulation is good, even if it increases inequality.
theconversation.com/25-years-int...
March 29, 2025 at 3:10 AM
I sort-of understand conservatives who support zoning restrictions. They just have different values.
But I don't understand so-called leftists supporting zoning.
They seem to think any regulation is good, even if it increases inequality.
theconversation.com/25-years-int...
But I don't understand so-called leftists supporting zoning.
They seem to think any regulation is good, even if it increases inequality.
theconversation.com/25-years-int...
I just posted my recommendations for CAMA's RBA Shadow RBA Board.
I recommend holding rates constant.
My comment:
I recommend holding rates constant.
My comment:
March 27, 2025 at 4:03 AM
I just posted my recommendations for CAMA's RBA Shadow RBA Board.
I recommend holding rates constant.
My comment:
I recommend holding rates constant.
My comment: