BLOG: Commentary

Breaking in on the Rent Seekers

photo credit: h.koppdelaney Bryan Kavanagh (LVRG) 11 March 09 As published in the Age today (Business Opinion page) “Put to the vote: as many are of the opinion that a public tax upon the land ought to be raised to defray the public charge, say 'yea'... ” “... Carried...

Gen X/ Y – Rent don’t buy!

photo credit: pyramis Rents up, but house prices down. It doesn't make sense, but such is life for men and women in their prime trying to find a place to call home. Land monopoly power exerts its ultimate influence over the rental market. As we have often stated, the...

Hudson & Harrison

Our 2 heavy hitters in the one place. Sure to be interesting with the banksters bailout a focus. Is the bailout a diversion from sharing the rent?

REIT’s hit the skids

photo credit: chauromano Ahh the Age beats us to the story! Australian Real Estate Investment Trusts are down 73% year on year. Michael West covers this in Property Not So Safe After All One of the "leading lights" of the sector, Goodman Group, handed down a $450...

EU membership = speculative magnet

photo credit: pgpdesign (paul) The trend continues. EU membership comes concomitant with lower foreign investment rules, bringing a wave of speculation in real estate as rent seekers invest early to sit and wait until marginal rents bump up to the European average. Is...

Hudson: Finance Capitalism Hits a Wall

photo credit: woodleywonderworks The Oligarchs’ Escape Plan – at the Treasury’s Expense By Prof. Michael Hudson see the original article and the growing list of comments on Information Clearinghouse The financial “wealth creation” game is over. Economies emerged from...