Latest News & Commentary
Stale Stock Stacking Up
The number of homes offered and unsold for more than two months – known as stale sales – has ballooned across Melbourne, according to an analysis by Prosper Australia of figures released by SQM Research. “Don’t touch them! Maintain the Buyers Strike!” Prosper...
The Total Abstainers Pledge
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First Home Buyers Sink
photo credit: Gianni Dominici Letter to the Editor - The Age April 2nd, Karl Williams, Tecoma First home buyers sink WHATEVER you think of the ''buyer's strike'' aimed against buying homes at the top of the property cycle (Buyers strike goes viral), the time must...
What We Want – Buyers Strike
The Home Buyers Strike was launched to warn prospective home owners that now is not the time to enter the market. Sign our Total Abstainers Pledge so we can demonstrate that this is a genuine movement for people who expect that housing is a human right, not a...
Trolls swarm ‘Buyers Strike’
“I warn FHB’s, the agenda of the trolls is to blow one more puff into The Great Australian Land Bubble so they can sell out before the inevitable crash.”
Home Buyers Strike on Red Symons ABC
photo credit: patries71 Our campaign made ABC prime time radio at 7.22am this morning. In good humour Red Symons begins the interview with "I'm completely and utterly against whatever you are standing for!". Listen to our campaigner David Collyer explain why now is...
Buyers Strike finds heavyweight backing
The first home Buyers Strike announced by tax reform group Prosper Australia last week is being supported by debt-skeptic Steve Keen. “This is an excellent idea which I endorse,” Keen said on his website (1) yesterday. “It would be a foolish personal decision to take...
Buyers Strike “Irresponsible”
“Two secure jobs and a good deposit are no longer enough to buy a home. First home buyers must make a life-long vow of poverty as well. It is irresponsible to expect such a sacrifice,” Collyer said. “Do not underestimate their anger and frustration at being denied land ownership and its civic benefits.”
Land Prices Outstrip Wages 2 – 1
Since 1996, residential land prices have raced from 110 per cent of GDP to nearly 220 per cent of GDP. Meanwhile, wages have declined modestly against GDP. “First Home Buyers’ incomes have simply not kept up with the strong rise in land prices. Here is the proof,”...
Buyers Strike Day 3
“Thousands of would-be homebuyers have committed themselves to Prosper’s Buyers Strike and are now standing out of the market,” Prosper Australia campaigner David Collyer said today. “Our call for a buyers strike has gone viral over the internet – spread far and wide...
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