Fresh Economic Thinking

Fresh Economic Thinking

Housing confusions: Builders versus property owners and building versus planning approval

Where I straighten out some strangely common confusions in housing supply debates.

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Cameron Murray
Feb 26, 2023
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In this post I straighten out some confusions that crop up in housing debates. Too much commentary and analysis overlooks that

  1. building approvals and planning approvals are different, and

  2. builders and developers are different.

I want to tick off the second of these before focussing in more detail on the first.

Builders don’t choose to build, property owner…

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