Why won’t housing supply YIMBYs ever mention Vancouver?

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Brendan Coates from the Grattan Institute was at it again this week, calling on Australia’s major cities to copy Auckland and open up to high-density development:

“The core problem when it comes to housing in Melbourne, is that in a lot of the most attractive areas – where people most want to live, with the best transport infrastructure and other urban amenities – it is very hard, if not impossible, to build more housing”, Coates said.

He said in 2016 Auckland embarked on a radical plan to upzone 75% of residential land, which tripled the city’s dwelling capacity, led to a surge in construction and spared the region from ballooning house prices and rents.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.