Supply side reform concern

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The following is an article published in Online Opinion today. Dymphna Boholt, the focus of this article, released an enews on the day the ABS 8 Capital Cities index was released (revealing a national 2.4% upkick in prices) entitled “Are you accountable for your actions”. Supply is Code for Windfall Gains Joe Hockey points to […]

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20 Investor Advantages

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  Updated April 2016 Location, location is a crucial real estate strategy but ignored in neo-classical economics. This leads to poor economic policy that ignores the natural advantage of owning a prime location over running a business. Investors hover around 50+% of all housing loans, up from 12% in the 80’s, and 19% in 1993. […]

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Bid me up, Buttercup

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The property price argument goes on and on. The already-invested need the next wave of ‘greater fools’ to blimp prices higher. They do not care whether this comes about through productivity gains, inflation or a greater appetite for risk and debt – just bid me up, buttercup. Young academic Philip Soos has developed a unique […]

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Property bubble? That’s the theory, anyway

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By Philip Soos Reprinted from The Conversation As Australian housing prices have boomed over the last decade and a half, there has been much discussion over whether a bubble exists in the residential property market. More recently, the concern is the record-low interest rate of 2.5% may cause a housing bubble. Conspicuously absent in the […]

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Without revenue reform this is a pointless election

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By Bryan Kavanagh, Director Land Values Research Group Reposted from On Line Opinion So September 14 has become September 7? Would it be too churlish to think that’s about the biggest political change we can expect “going forward” as they say? Oh sure, the Lib/Labs will screw us over in different ways, but it’s tantamount […]

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Rentals Brittle, Under Pressure

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Last week the Australian Housing and Urban Research Institute (AHURI) held a seminar in Melbourne on the serious stresses on renter households that have emerged over the last twenty years. Dr Wendy Stone from Swinburne found: • A decline in overall private rental affordability: median rent to median income ratio changed from 19% in 1981 […]

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The Problems with Property

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Two shows related to the event were recorded for Renegade Economists radio: Safe as Houses – an interview with Joel Pringle & Marcus Westbury An edit of the live recording from the event. Australian’s for Affordable Housing, Prosper Australia and Renew Australia present: The Problems with Property Is Australia’s property market permanently broken? House prices […]

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Saul Eslake @ 122nd Annual Henry George Commemorative Dinner

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Link to presentation Saul Eslake is one of Australia’s most highly respected economists and a renowned critic of Negative Gearing: “In my view it is impossible to conclude that negative gearing serves any purpose than to allow wealthily affluent tax payers to defer and reduce tax.” Mr. Eslake was chief economist at ANZ (1995 – […]

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GetUp flunks economics again

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We tried to bring GetUp to speed with housing policy with our Dont Buy Now campaign. They ignored that and continue to ignore basic economic science. More money on a fixed planet is destined to raise land prices. A Land Tax acts to equalise the natural advantages those who own prime locations have over society. […]

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https://prosper.org.au/2013/08/