News » Urban limit helps make region liveable place
Urban limit helps make region liveable place
Aug 17, 2016
Prof Tim Hazeldine from the University of Auckland Business School discusses the Auckland metropolitan urban limit, in particular...
"Why the fuss all of a sudden? Actually, the source of discontent can be traced to a 2009 paper by the respected economist Arthur Grimes. With his co-author, Yun Liang, Grimes studied the "gradient" of land values in the city. As is the case for most large cities, there is a striking decline in market prices for land the further you go from the central business district."