Over Valuations and the GFC

photo credit: rsepulveda The property industry lobby’s reliance on ‘friendly valuations’ is often a source of contention in the valuation industry. The Australian today raises issues with Experts Question Boom Lending Property analyst Michael Matusik...

Centenary of “The People’s Budget”

An occasional commentary on the economic depression # 3 By Bryan Kavanagh LVRG 5 January 2009, New Year Insights There’s amazing synchronicity in the centenary year of the “People’s Budget”, delivered in the UK under the Liberal Prime Minister Herbert Asquith, that...

Ineffective Demand

# 2 12 December 2008 Ineffective demand: a picture of a tax-induced economic depression In the 2nd of this most important series of commentaries warning of the looming depression, Bryan Kavanagh interprets one of his most important graphs. Mr Kavanagh lists the...

Property Market ‘Over-Hyped’

photo credit: Derek Farr ( DetroitDerek ) Earthsharing Australia, our sister organisation, had its I Want to Live Here report quoted today in the Age article Agents accused of hyping up real estate crisis. Social justice group Prosper Australia analysed residential...

The Depression – A Running List of Warnings

photo credit: funadium Over the next few posts we will bring you a series of reminders about how we and our colleagues have been warning about the impending financial peril for many years. The Depression An occasional commentary (for Australia’s federal politicians)...