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Modelling housing failure

Cameron Murray from Fresh Economic Thinking provides insight on why today’s housing modeling is not up to the task of providing accurate insights into urban development. The workhorse model of urban economics is the Alonso-Muth-Mills (AMM) model of the...

Land rezoning open to routine corruption

As published in The Age and online, highlighting today’s seminar.  by Clay Lucas The rezoning of land by state governments across Australia is so open to routine corruption and manipulation by a “mates network” among both major political parties that...

Re-zoning insider windfalls

Read about this landmark methodology by Cameron Murray and Paul Fritjers, modelling game theory from thousands of cosy relationships to determine the likelihood of beneficial re-zoning outcomes. Cameron was interviewed on the Renegade Economists last week. Stay tuned...

The great land banking scam exposed

by Cameron Murray Property development can be a dirty business, particularly when it comes to land-banking, which is the speciality of Australia’s largest developers. Land-banking involves the speculative buying of large parcels of land that are currently unsuitable...