I’ve just published a new Economics Explained episode in which I interview regular QEW contributor Dr Stephen Thornton on the economics of apartment living:

Economics Explained episode 2 – Economics of apartment living

Issues discussed include:

• drivers of rising incidence of apartment living
• the nature of strata title
• issues for apartment owners – body corporate fees, management rights (a peculiar rort we have in Queensland which Stephen wrote about in Strata management rights must be reviewed by the Queensland Government)
• apartment defects crisis in Australia
• Airbnb
• economic benefits of pets in apartments (based on a report Stephen wrote for Mars Australia, which I covered in Pets are good for your health, the budget, and the economy)

You can subscribe to the Economics Explained podcast via iTunes:

Economics Explained via iTunes