The high cost of housing and what to do about it w/ Peter Tulip, CIS Chief Economist - EP134

<p>Property prices have been surging across major cities in advanced economies. In Australia, a parliamentary inquiry has recently investigated housing affordability, and it handed down a report with some compelling policy recommendations in March 2022. Our guest this episode provided an influential submission to that inquiry. His name is Peter Tulip, and he’s the Chief Economist at the Centre for Independent Studies (CIS), a leading Australian think tank. Peter explains how town planning and zoning rules can substantially increase the cost of housing.  </p><h3>About this episode’s guest - Peter Tulip</h3><p><a href="http://petertulip.com/" target="_blank">Peter Tulip</a> is the Chief Economist at the Centre for Independent Studies, a leading Australian think tank. Peter has previously worked in the Research Department of the Reserve Bank of Australia and, before that, at the US Federal Reserve Board of Governors. He has a PhD from the University of Pennsylvania.</p><h3>Links relevant to the conversation</h3><p><a href="https://www.aph.gov.au/Parliamentary_Business/Committees/House/Tax_and_Revenue/Housingaffordability" target="_blank">Inquiry into housing affordability and supply in Australia</a></p><p><a href="https://www.cis.org.au/publication/submission-to-the-inquiry-into-housing-affordability-and-supply-in-australia/" target="_blank">CIS Submission to the Inquiry into Housing Affordability and Supply in Australia</a></p><p><a href="https://www.cis.org.au/app/uploads/2018/03/34-1-tunny-gene.pdf" target="_blank">Gene’s article Untangling the Debate over Negative Gearing</a></p><p><a href="https://queenslandeconomywatch.com/2021/04/16/missing-middle-housing-podcast-chat-with-natalie-rayment-of-wolter-consulting/" target="_blank">Missing Middle Housing podcast chat with Natalie Rayment of Wolter Consulting</a></p><p><a href="https://www.rba.gov.au/publications/rdp/2019/2019-01.html" target="_blank">A Model of the Australian Housing Market by Trent Saunders and Peter Tulip</a></p><p>Thanks to the show’s audio eng