Commentary

Renegade Economists radio show today

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Tune in today to the Renegade Economists on 3CR from 5 – 6pm Wednesdays. Hosts Karl Fitzgerald & Rayna Fahey will interview David Bollier, acclaimed author and editor of www.onthecommons.org. He will discuss how the ‘commons’ movement is developing, where some of the latest areas of development are occurring and just how far copyright law […]

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Churches’ to share the land

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Finally Victoria’s Churches are opening up their massive landholdings, seeing land rightfully as a place for homes not speculation. In Churches’ radical plan for cheap rental housing, we hear that Victorian Churches own 2100 properties, some that have been vacant for over a century. Hopefully the Churches look at the Community Land Trust model. This […]

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Speculative land rationing our opportunity

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Property lobby pushes all the usual red herrings whilst ignoring the speculative causes to affordability pressures. Demographia International’s new report on housing affordability again pushes the “unending sprawl forever” mantra. Report author Wendell Cox rolled out all the usual criticisms of land rationing, infrastructure charges and bureaucratic tape. “The effect of unending sprawl is to […]

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True History of Monopoly the Boardgame

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Read this PBS transcript on Monopoly’s original intention to teach about the dangers of land monopoly. Understand how the world’s most popular boardgame was subverted to teach young people the opposite to the games original intent. It is interesting that not more people have twigged that something is wrong in the land game when most […]

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Canberra’s Leasehold Land System

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by Leo Foley The primary source for this paper is “Canberra in Crisis” by Frank Brennan, 1971 The Road to Leasehold – the origins of the Canberra leasehold system.. Canberra is the offspring of politics and a social ideal. The politics were those of Federation and nation making. The ideal was one of social and […]

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Rudd on Housing Affordability

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Rudd Innovative on Housing Affordability but will it get to the source of the problem? (02/06/07) Opposition Leader Rudd’s innovative move to mimick the low tax rates for super and apply it to First Home Owners Savings is commendable but as with most housing policy, runs aground when applied to economic principles. The extra purchasing […]

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$4 Billion Rail Tunnel Back on Target

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$4billion Rail Tunnel back on target (17/03/06). Premier Bracks is looking to spend billions to make the wealthy suburbs more attractive (delivering millions in land value increases to neighbouring wealthy political benefactors no doubt – we wonder which donor will receive the contracts?). Why not use the Japanese model where the developer is also the […]

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Sharon Council Mulls Land Value Tax

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Sharon council mulls land value tax after presentation by economics official (15/03/07). Joshua Vincent from the Center for Economic Studies, Philadelphia, provides the data on why switching away from Capital Improved Valuation to Site Valuation is of economic benefit to your community.

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Price of Housing Outstrips Rent

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Price of housing outstrips rent (12/03/07). Remember that whilst rents haven’t kept pace with house prices , neither have wages. Landlords have many other advantages such as negative gearing (at around $2.4billion dollars p.a in subsidy to the property lobby, mainly coming from lower & middle class citizens who could never dream to afford a […]

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Property Lobby Again Ignores Laws of Economics

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Property lobby again ignores laws of economics (26/02/07). Research compiled by The Australian shows there is actually 10 years of land supply in Sydney, Brisbane & Melbourne with 155,000 lots zoned for residential development. However, developers say they will not develop this land as property related taxes have made these sites uneconomical to develop. Whilst […]

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