Opening up economics to better engage with those subjects external to the market such and public goods and the environment. Internalising external costs of climate change has taken this Pigovian tax approach to contemporary thinking.
Wonderful concise explanation of geopolitics being shaped and constrained by geography. Great to step back and see a bigger picture in a time where people are heroes and villains.
Bestseller that takes economics into psychology territory, largely by distinguishing between instinct and thought in making economic decisions
Helpful way to make practical what psychologists made complex. Managing your chimp, human, and computer is all you need to be the best you can be.
A classic that explores why poverty exists against vast wealth. There are also some very simple fiscal solutions that many are still uncomfortable with today
The origin and spread of nationalism could not be any more relevant today – Is it possible have no national identity?
A reminder that economic development needs to be set in relation to freedom and access of opportunity
Such a realisation that the inner voice in your mind isn’t you, and so opens a portal to the unmanifested. You are free.
Useful guide to how we arrived in our current political economy, and possibly how we can fix a broken economic system
Institutions providing access to housing in all tenures have become further entrenched and exposed to financial risk. Literature on housing policy trends and financial risk cover drivers such as liberalisation monetary approaches, innovation, political commitment, and asset management. A conceptual model is put forward for framing housing policy trends that engage with financial risk (what […]
Ten years after the Global Financial Crisis, this research examines how resilience theory and rhetoric relating to the economy and housing markets has been translated into policy and practice. The methodology involves a case study of a city (Auckland) with a nationally dominant housing market and high unaffordability. Via secondary literature and a series of interviews we analyse questions connected to resilience […]
In a journal paper we argue that Disruptive Innovation Theory indicates that there is disruptive potential of Real Estate Crowd-Funding (RECF). As an excerpt…”RECF seems to generally align with the classic characteristics of disruptive innovations…RECF may potentially improve accessibility and affordability of real estate finance, thereby helping to address the problem of shortage of real […]
Improving water quality with rural land use policy: (re)balancing farmland regulation, intensification and financial viability
Policymakers in New Zealand are attempting to achieve improved environmental outcomes by implementing an output-based approach to non-point-source pollution from intensive agricultural production. Initial emphasis has focused on the nitrogen leached, with the assumption that this can be calculated accurately on an individual-property basis. While catchment-wide nitrogen-loss levels are […]
Real estate development shapes the way people live and work, playing a crucial role in determining our built environment. Around the world, real estate development reflects both universal human needs and region-specific requirements, and with the rise of globalization there is an […]
The latest Massey University Home Affordability Report shows most regions of New Zealand have declined in affordability over the most recent quarter, as well as over the past 12 months. The only exceptions are Otago (which excludes the expensive Central Otago Lakes region), which improved by a modest 1.9 per […]
The Massey Home Affordability Index takes into account the cost of borrowing as well as house prices and wage levels. This March quarter has seen an improvement in national affordability driven mainly by the fall in house price levels in seven regions. Overall, home affordability improved by 7.0% in this quarter with some improvement in […]
The Massey Affordability Index takes into account the cost of borrowing as well as house prices and wage levels. This December quarter has seen a decline in affordability driven mainly by the continued spillover of the Auckland house price levels into the regions. Overall, home affordability declined by 2.8% in this quarter with some big […]
It is important to consider the merits of using projects bonds to finance infrastructure investment projects – in particular, the pricing of such bonds and the level of risk premium demanded by the market. In investigating the use and pricing of project bonds, this research used a mix of qualitative and quantitative methods. In addition to secondary desk-based study, […]
This research provides an insight into large-scale real estate projects in Europe and how they are using a more innovative blend of finance. The methodology involved a mix of desk-based study, interviews and case studies. Interviews were held with financiers, policymakers, developers, investors, fund managers and academics. […]
Real estate development is a significant factor in planning the built environment. It shapes the way people live and work, and by doing so enables human activity to evolve. Real estate development forms a contemporary reflection of social, economic, environmental, and political forces at hand. […]
Neighbourhoods within area-based initiatives that are engaged with regeneration and renewal often experience difficulties of poverty, disadvantage and deprivation. Furthermore, the experience of function or dysfunction is also important when exploring neighbourhoods undergoing transformation. Functioning ‘norms’ could enable residents within particular neighbourhoods to have equal opportunities of […]
There are some 487,000 places in long-stay residential care and nursing homes in the UK representing an industry worth some £15.2 billion per annum. Creating leases with guaranteed rental uplifts, a property bond in all but name, now attracts significant investment into healthcare. This is argued to […]
A critical review and analysis of innovative financial instruments for real estate development in Europe will be useful to EU and European national policy makers in public finance and real estate development. Case study examples from the UK, Germany and the Netherlands reveal any national nuances in innovative development finance. The examples chosen were the Battersea […]
Can finance bonding be centred more on affordable housing as well as infrastructure? Some interesting nuances and lessons can be drawn when using a Tax Increment Financing (TIF) model in San Francisco, especially given the abandonment of California’s redevelopment agencies (RDAs). If historically focusing on policy, the abolition of the RDAs in California may have inadvertently cut-off […]
In considering heritage for buildings within Enterprise Zones, the central premise has been focusing on economic growth, with less thought given to the wider structural and cultural implications. When looking at an illustrative case study of Bristol Temple Quarter Enterprise Zone, it appears that conflicts emerge between the objectives of the Enterprise Zone scheme and those of heritage protection, indicating […]
New forms of governance, conditional approaches to public service access, and initiatives to engage citizens in taking on new responsibilities are being developed in the context of the scaling down of the welfare state. The extent to which collaboration and multidirectional accountability can be developed between the state and citizens. […]
The last 15 years has seen significant changes in the location, type, delivery and design of urban housing in the United Kingdom – with significant steps towards viewing better design as a central policy objective. This period has also seen the market provide a huge number of high density […]
How do housing stakeholders align future private and public spending to identify investment opportunities and help meet the City’s broader economic and spatial planning priorities – through the private rented sector?The private rented sector represents a growing proportion of the housing market nationally and locally and the only housing option for many households priced […]
It is important to improve understanding of how cities can be better financed to meet challenges over the short and long-term; be they economic, social and/or environmental. The lack of adequate basic urban services and infrastructure is a major challenge in the development of human settlements. With rapid urbanization, governments are increasingly having difficulties to meet […]
Urban and Environmental Economics The importance of the built environment to environmental protection is well established, with strict environmental regulations now a feature of the working lives of planners, contractors, building designers, and quantity surveyors alike. Those new to, or preparing to join this industry […]
Squires, G. and Heurkens, E. (Eds) (2014). International Approaches to Real Estate Development. Routledge. An international approach to the study and teaching of real estate is increasingly important in today’s global market. With chapters covering numerous countries and every continent, International Approaches […]
The procurement stage of the building process is critical to the success of any building project, and as such must be understood by everybody entering the industry. Building Procurement is designed to familiarize the novice with the principles and methods of building procurement, starting at the most basic […]