affordability

Boom Bust’nBankers: Harrison

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With property prices have dropped 23% in the UK over the last year and the UK verging on recession, what role do banks play in the quagmire? To think that Brown believes cutting property taxes will turn the UK property market around!

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Container Homes to the Rescue?

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Desperation in the housing market is leading to varied responses. The latest the Age has promoted is the Container Home phenomenon. Miners earning $100,000 have been forced into them in Port Headland and other fast growing mining communities. Now a company is promoting shipping containers on the eastern seaboard as a means to solving the […]

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Community Land Trusts explained

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With the growing pressure to find affordable accommodation and our excitement at the Canberra Land rent proposal, we thought it high time we showed you a growing trend through the northern hemisphere – Community Land Trusts by Prosper Tasmania’s Leo Foley (Based on material from the Institute of Community Economics, Massachusetts) A Community Land Trust […]

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Unprintable Remarks On The Budget – Gavin Putland

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The day after the 2008 Federal Budget, Gavin Putland (our Research Officer) sent three letters to newspapers. This one was sent to THE AGE, which exercised its editorial discretion not to publish: Cop-out On Inflation And Rents If a Budget is to be anti-inflationary, it must stimulate supply more than demand. Most importantly, it must […]

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Melbourne Rents deliver a smile for some

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Saturday’s Age article on Melbourne’s rental growth outstripping all other states is reflective of current government policy at all levels – local, State and Federal. When combined with record immigration levels, property flipping will continue unabated. Prosper Australia spokesman Karl Fitzgerald was quoted in another Age article on Home Buyers Lose out in Tax Change. […]

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Canberra’s policy vision

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Finally a breath of fresh air has been blown upon the housing affordability issue. The ACT government has acted upon its long history of innovative financing by proposing a system of leasing land. Income earners below $75,000 will be able to lease the land at 2% p.a of its’ unimproved value. The immense benefits from […]

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2030, Affordability and Understanding

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Today’s report on the Melbourne 2030 urban growth boundary cries out for a comment from Prosper Australia members. Melbourne University academic Rob Moodie rolled out the usual suspects in recommending that dwellings per hectare improve on the urban fringe, that there be a smaller, more intense concentration of transport hubs and lastly, the latest bureaucratic […]

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Out of Reach – housing forum

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Last night saw SBS’s excellent Insight program tackle housing affordability under the title Out of Reach. Over 270 comments have been posted since the event, giving warrant to the excellent comparing host Jenny Brockie does each week. As probably the fourth panel type forum seen on non-commercial TV over the last year, this one was […]

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Economics for Activists

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Tuesday evenings in May, 6.15pm – 8pm, starting May 1st Ever wanted to read between the lines of the newspaper? Arm yourself with the tools of modern warfare as Karl Fitzgerald takes you through the key understandings required to ‘follow the money’. Topics covered: Economic terminology – the basic framework Economic History via: The Classical […]

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