Causes and Effects of High House Prices in San Francisco

San Francisco is world-renowned for their astronomical house prices. With an average sale price of US$1.45 million1, it ranks second in most expensive homes in America2, trailing only behind San Jose which is located 50 miles South East of the city. In the last decade following the 2007-2009 housing crisis, house prices have over doubled in value meaning that now it is predicted that one will need to earn at least $172,000 a year to afford a home there3. Continue reading Causes and Effects of High House Prices in San Francisco

A Defence of Tied Aid

The Importance of Tied Aid with respect to Human Rights

Tied (or conditional) aid is portrayed as toxic by the media, criticised for its perceived controlling and restrictive nature. This seems to contradict the beneficent and altruistic philosophy of aid. Afterall, research shows that due to the monopolising power of donor countries, the cost of goods and services can rise by up to 30%. Continue reading A Defence of Tied Aid