Steve Keen the Property Prophet predicts doom and shows why.
Unconventional prophets are often vilified, particularly in their own country. Steve Keen is no exception. He is one of only a handful of academic economists to contest the rah rah rah of the property spivs who claim – wrongly and misleadingly – that real...Six Factors to Flip Negative Gearing into Negative Equity – Someone’s Going to Get Hurt
The Australian Tax Office has released figures on the extent of negative gearing in Australia ahead of the Henry Tax Review. This is no accident. They are preparing the ground for Ken Henry’s changes. The picture drawn is not pretty: it shows the nation’s...Put away that cheque book, home buyers
photo credit: UGArdener This morning, Reserve Bank of Australia Governor Glen Stevens appeared on Seven Network’s Sunrise program to talk up interest rates and talk down the property market. Using tabloid television to broadcast RBA views is unprecedented. It...Kansas City sees the light!
photo credit: CoolValley A major tax battle is underway in Kansas City, Missouri. A petition to eliminate the city’s earnings tax worth $200 million a year has opened minds to the introduction of Land Tax. Read The Kansas City Star’s excellent...Republish this article
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