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Impeding the Market

Impeding the Market

Here is the livestream of the report launch for Speculative Vacancies 9 - Impeding the Market: https://www.youtube.com/watch?v=H1oXXaObPOI The accompanying powerpoint: Speculative Vacancies 9 - Impeding the Market from Prosper Australia Just how much market power...

Vacancies to rise in a falling market

Vacancies to rise in a falling market

Cross-posted from the AFR's Michael Bleby. The number of vacant investor-owned properties in Melbourne remains high, with as many as 16.2 per cent homes sitting empty, according to the latest Speculative Vacancies report based on 2017 water usage data. The proportion...

Vacancies to rise in a falling market

Speculative Vacancies 9 – Impeding the market

Read the full report Key recommendations Water data indicates 60,901 residential properties were vacant in 2017 at a rate of 3.9%. Absolute vacancies using zero litres of water revealed 21,326 residential properties at 4.6% of the rental market. Up to 16.2% of...

Reform Negative Gearing Now!

Are you locked out of the housing market? Do you want to see an end to market distorting subsidies to property investors? Sign the petition! This petition calls for the Federal Government to reform negative gearing NOW! Negative Gearing must be limited to new housing...

Value Capture for Victoria

  Debate over the new Melbourne Metro Tunnel and the funding needed is expected to heat up now that PM Abbott has said the $1.5 for the E-W Link is 'locked in a box'. An interesting article in The Age highlighted the need for value capture: One idea floated this...

OECD’s Housing Concerns

Yesterday's OECD Economic Survey of Australia pinpointed key areas of risk.   As Philip Soos and Paul Egan showed today in their 21 chart pack, Australia's land bubble and accommodating credit cycle opens the economy to incredible risk. But the Abbott government...

Value Capture trumps Tolls

Yesterday's press release was quoted in The Age article Pay Up: Grand Plan to get big projects built. After quoting the soft option of tolling drivers, which has failed spectacularly as a financing mechanism in NSW and QLD, the article moves on to quote the RACV's...