Generations Ask Y is Housing a Speculator’s Paradise?

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By Karl Fitzgerald Crikey If we are all borne onto this planet as equals, why are some subsidised to own the planet at the expense of others? Don’t we all deserve a roof over our heads? The right to participate in the Great Australian Dream? This is what Gen X, Y (& soon Z) are […]

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$4 Billion Rail Tunnel Back on Target

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$4billion Rail Tunnel back on target (17/03/06). Premier Bracks is looking to spend billions to make the wealthy suburbs more attractive (delivering millions in land value increases to neighbouring wealthy political benefactors no doubt – we wonder which donor will receive the contracts?). Why not use the Japanese model where the developer is also the […]

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Sharon Council Mulls Land Value Tax

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Sharon council mulls land value tax after presentation by economics official (15/03/07). Joshua Vincent from the Center for Economic Studies, Philadelphia, provides the data on why switching away from Capital Improved Valuation to Site Valuation is of economic benefit to your community.

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Price of Housing Outstrips Rent

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Price of housing outstrips rent (12/03/07). Remember that whilst rents haven’t kept pace with house prices , neither have wages. Landlords have many other advantages such as negative gearing (at around $2.4billion dollars p.a in subsidy to the property lobby, mainly coming from lower & middle class citizens who could never dream to afford a […]

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https://prosper.org.au/2007/03/