Latest News & Commentary
Disguised Increments
photo credit: Torley The Externalities Factor in Land Economics Leo Foley Leo is our guest speaker at our 120th Annual Henry George Commemorative Dinner, on this Thursday. This article was taken from Progress Magazine. Subscribe now for a free Trial...
Prosper affirms ‘Don’t Buy Now!’ warning
photo credit: :: Hello Mizu :: 18 August 2011 MELBOURNE:- Landowners are about to be economically decimated as Australia’s severely unaffordable house prices reverse, says Prosper Australia. 'Stale Stock’ on the market in Melbourne is growing...
Overindulgence has its consequences.
There are currently 377,300 houses for sale across Australia, according to SQM Research data released today - up 21.9 per cent on last year. Why is this significant? Well, we have some 8.9 million houses. A quick back of the envelope calculation tells me 3.79 per cent...
Land Tax REDUCES Rents
Dr Gavin Putland of the Land Values Research Group drives a stake through a vampire heart in the Letters page of today's Australian Financial Review Joanne Seve (Letters, August 5) regurgitates the property lobby's favourite untruth, namely that land tax is passed on...
How Much Land Does A Man Need?
At this market climax, let me remind all of the risks of compulsive, over-optimistic ambition. In Leo Tolstoys’ tale, ‘How Much Land Does A Man Need?’ written in 1886, a wealthy peasant named Pahlom is told of the rich earth in the land of the Bashkirs beyond the...
Australia has over 125,000 excess houses
photo credit: Dean Terry5 August 2011 MELBOURNE:- “Australia’s housing undersupply myth has just been exposed. We have overbuilt more than the USA,” Prosper Australia Campaign Manager David Collyer said today. “Prosper calculates Australia now has over 125,000 excess...
This will end in tears
photo credit: tinou bao27 July 2011 The AMP/NATSEM report on housing affordability released today draws a clear picture of Australia’s house price dilemma. It fails, however, in concluding house prices will remain stable for a decade while real incomes catch up. “This...
Damn lies and Statistics
The battle over auction clearance rate statistics just turned into war. SQM Research' Louis Christopher - one of the few straight shooters in the real estate statistics game - has just issued this broadside in the SQM Research Newsletter. And he is right. We quote it...
Melbourne housing ‘Stale Stock’ explodes
26 July 2011 MELBOURNE:- “In the last three months alone, ‘Stale Stock’ in Melbourne postcodes 3000-3207 has ballooned from 19,800 to 31,600,” Prosper Australia Campaign Manager David Collyer said today. ‘Stale Stock’ is property on the market for more than sixty days...
Real Estate 4 Ransom trailer
Screening August 10th at ACMI cinemas, Federation Square. Read more www.realestate4ransom.com
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