Economics links

Oct 23, 2007 05:43

How to fix water shortages, the US case.

Australia Institute reports that low income couple families have had the highest percentage increase in their incomes over the last 11 years of all couple families in Oz. More.

Striking differences in housing markets in the US: But the supply of housing in Dallas is elastic. When demand increases, because of growing population or rising incomes, so does the amount of housing; prices stay roughly the same. That’s true not only in the outlying suburbs, but also in old neighborhoods like ours, where dense clusters of town houses and multistory apartment buildings are replacing two-story fourplexes and single-family homes. It’s easy to build new housing in Dallas.
Which is having social effects: In the superstar cities, where opinion leaders congregate, the perception is growing that the country no longer has a place for middle-class life. Yet the same urban sophisticates who fret that you can’t live decently on less than $100,000 a year often argue vociferously that increasing density will degrade their quality of life. They may be right-but, like any other luxury good, that quality commands a high price. A comparison of (pdf) new home prices in Dallas-Fort Worth with Oz metropolitan prices. Report finds that women are particularly vulnerable to housing pressures in Oz. Which is to say, those most at economic risk suffer most when access to a basic resource for a basic use is restricted. The reductio-ad-absurdem of land use controls-the Queensland government is buying up land to try and reduce effects of the housing and rent crisis its land control policies have created.

Amazon kills off another specialist bookstore.

Survey finds that six percent of Brits are resorting to DIY dentistry.

Business is down in Iraqi cemeteries.

economics, links, antipodes

Previous post Next post
Up