@db_econ That is, the trees are even bigger now than the photos.
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Brendan Coates
5.2K posts
Brendan Coates
@BrendanCoates
Grattan Institute Economic Policy Program Director. Tweets on economic policy, tax, retirement incomes, superannuation, housing, migration and macro.
Katılım Eylül 2012
2K Takip Edilen3.6K Takipçiler
@db_econ The key to the vibe of these neighbourhoods is just trees right? Here’s a set of Gurner townhouses in Melbourne four year apart. It’s now a veritable forest on the street.
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could someone pls do this about Sydney Parramatta and Melbourne
George Marshall@GJMarshy
I promised a Europe vs UK comparison. 👇Here it is 🤯The difference in central density between Paris & London is striking. The other massive stand out is Brussels vs the likes of Manchester/Birmingham.
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@BenPhillips_ANU @peter_tulip And thank you Peter for your kind words!
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@peter_tulip @BrendanCoates Well done Brendan. I am disturbed he is described as a veteran though.
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.@BrendanCoates has made some of the most important contributions to public discussion of housing policy.
He will be greatly missed.
As partial compensation, we can be confident the government will be getting sensible, evidence-based advice.
afr.com//policy/econom…
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@BenPhillips_ANU @peter_tulip Thanks Ben. I think (hope) Luke means I am a veteran of many policy wars / debates (I.e. I’ve done several tours of duty).
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Sometimes I think maybe I am not actually in the AFR’s demographic after all
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Brendan Coates retweetledi
You should come along to this on Monday, Alain’s work is incredible interesting. Tickets link in quoted post:
Sydney YIMBY@SydneyYIMBY
Last call for tickets to see Alain Bertaud and Lucy Turnbull talk about cities and what they are for. It’s on Monday, but we’re currently tracking to sell out sometime tomorrow: events.humanitix.com/order-without-…
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@ChrisEconomist @peter_tulip The alternative is to pro rata the discount that applies based on how long the asset was held under both the old and the new regimes. So if the discount went from 50% to 30%, then an asset bought 10 years before the change and held for 10 years after gets a discount of 40%
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@peter_tulip That's a reasonable point
So how do we be fair to both the past and the future given the overlapping generations here?
My best suggestion would still be a transition over time
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Retrospectively taxing capital gains that have already occurred is a more controversial measure than the ALP dared to take to the 2016 and 2019 elections.
They judged then that the community would regard this as unfair and bad in principle.
Chris Richardson@ChrisEconomist
Absolutely 💯 Kit Grattan has it right here Have a 5 or 6 year glidepath between the current policy and the new one By the end of that time the new policy applies to everyone
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Brendan Coates retweetledi
Yesterday at our 'How to tackle Sydney's housing crisis' event, Grattan housing policy expert Matthew Bowes laid out where planning reform stands - and what still needs to change in NSW.
Read the findings and download the report here: buff.ly/2VTS3ag
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Brendan Coates retweetledi
Heritage legislation is flawed.
It does not require benefits of preservation be compared with costs.
So too many unremarkable properties are preserved.
That restricts supply, making the housing shortage worse.
My new paper discusses.
cis.org.au/publication/re… 1/5
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Brendan Coates retweetledi
The idea that landlords just ‘pass through’ costs they face onto renters - as is now being argued in the context of capital gains tax reform - is widespread, but misguided. A short thread 🧵
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Brendan Coates retweetledi
‘Since the Economic Reform Roundtable last year, the consensus that came out of that was there is an intergenerational problem in taxation.'
Or expert @BrendanCoates talks all things housing and taxation on ‘The Economy, Stupid':
abc.net.au/listen/program…
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Empirical methods in economics in the 1950s…
Old Time Football 🏈@Ol_TimeFootball
Nothing will ever top the 1958 #NFL championship halftime show #SuperBowl
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Brendan Coates retweetledi
Absolutely mystifying cancellation!
Nick is one of the good guys, and his channel is a voice of reason at a time when 'reason' is becoming increasingly scarce
Bring back Nick!!
(and please retweet if you agree)
Nicholas Gruen@NGruen1
Dear @TeamYouTube My 15 year old YouTube channel with 3.04k subscribers has been wrongly terminated as in breach of your "spam, deceptive practices and scams policy". I use the channel exclusively to post podcast interviews and recently a new, two years in the making video series, and daily shorts about economics, philosophy, and govt. This is all high production value with original music that Brian Eno was kind enough to write for the series. Shorts are mostly face-to-camera. I've read your rules carefully, and broken none. I have appealed and it was denied after barely 24 hours. I am sure I only need to get this before a human and the error will be clear to them. If it isn't they can tell me what we've done wrong and I'll immediately fix it. My DM's are open if you wish to continue there. Cheers, Nicholas Gruen (Channel url: youtube.com/channel/UCXF2_…)
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The long arc of history continues to trend towards relaxing overly restrictive planning controls and housing abundance.
YIMBY Alliance@yimbyalliance
NEW: Housing Minister Matthew Pennycook has just announced the BIGGEST EVER reforms to national policy to deliver more homes! Here are the five biggest: 🧵
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@_RoboBoogie going to buy myself an avo toast tomorrow to celebrate
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@Jack_Dostine @TMFScottP Thanks. The short answer is no.
But that’s because the prices people are willing to pay for particular forms of housing vis-a-vis what those same homes would cost to build (if permitted on that land) is a better measure of unmet demand.
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Herculean effort. Great work producing this.
Real question: Are there plans in the works for the Kelly et al 2011 700 sample be re-tested for 2025 to look at any changes in the 14 years since that work was completed or 9 since ABS Census of Population and Housing?
Do you have a view on the direction and magnitude it has changed (if any)?
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Actually, yes we did!
Always a good idea to read the research before commenting on it…
Scott Phillips@TMFScottP
Did anyone check whether that was the housing Australians actually want? Or did it just suit their preexisting worldviews? Mhmm.
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@TMFScottP Just to close this off. Here we show that the cheapest homes in any location are units. And that is typically true on a per sqm basis also!
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@TMFScottP Yep! The cheapest housing in any suburb is a townhouse or an apartment.
Some people prefer a freestanding home (the most expensive option) whereas others prefer to trade off space / land for location.
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@TMFScottP You should be free to make the choice you want, including a house.
I think the correct position is that people should be free to choose the option that suits them best.
At the moment we have state planning systems that ban a lot of those choices people would otherwise make.
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@BrendanCoates As someone with a home, I'd prefer we had less economic growth overall, and greater opportunity for young people to have more utility from their housing, if that was the trade-off.
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