Latest News & Commentary
Saul Eslake: 50 Years of Housing Failure
Address to the 122nd Annual Henry George Commemorative DinnerThe Royal Society of Victoria, Melbourne 2nd, September 2013 by Saul Eslake An edited audio recording of the presentation was broadcast on this week's Renegade Economists radio show. Note: The opinions...
Supply side reform concern
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...
20 Investor Advantages
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...
Bid me up, Buttercup
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,...
Property bubble? That’s the theory, anyway
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...
Without revenue reform this is a pointless election
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...
Rentals Brittle, Under Pressure
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...
Saul Eslake @ 122nd Annual Henry George Commemorative Dinner
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...
GetUp flunks economics again
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...
China: should land’s rental value be the basis of the tax system, or that of the financial system?
by Professor Michael Hudson How can China avoid the “Western financial disease” – a real estate bubble followed by defaults and foreclosures? The U.S. and European economies originally sought to avoid this fate by taxing the location’s site value. A rent tax was the...
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