Mr Gayer counters that regulators do not make appropriate use of that research in their calculations.

ECONOMIST: Measuring the impact of regulation

'Through the winter we take kids out on seven-day trips, ' explains captain Chrissy Gayer, whose sun-bleached hair suggests a life lived permanently outdoors.

BBC: All at sea in New Zealand

Private initiatives like Coldwell Banker's won't hurt the economy, says Gayer, but if they are anything like the federal initiative, they won't help much either.

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