Dr Gavin Putland

Our lives are like a Hieronymus Bosch or Pieter Bruegel painting

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by Dr Gavin Putland WORKERS (i) pay rent, (ii) help their employers to pay rent, and (iii) raise some of the next generation of rent-payers. LAND SPECULATORS (i) receive economic rent for the gifts of nature, (ii) take the credit for providing them, and (iii) lobby governments for an ever-increasing supply of rent-payers. BANKS (i) […]

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Victoria to tax vacant properties into use

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Premier Daniel Andrews announced a range of housing affordability measures Sunday, some of which will help. The eye-opener is the introduction of a Vacant Residential Property Tax at one per cent of the capital improved value on properties held vacant for six months or more. This mimics Vancouver’s Vacancy Tax introduced last November – also […]

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Three unofficial state secrets about the housing problem

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by Gavin Putland re-posted from his blog Secret 1: The purpose of encouraging home ownership is to create a majority of voters who own real estate and who therefore support policies that make real estate as expensive as possible, for the benefit of the biggest owners. Secret 2: The purpose of financing home ownership through […]

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Cheap housing is good for business!

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by Dr Gavin Putland reposted from grputland.com If you want to expand your business, you probably need to hire people. But you can’t hire them unless they can afford to pay for housing within commuting distance of your business premises, out of wages that you can afford to pay them. If that condition is not […]

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If you’re not a property investor, your retirement plans don’t matter, says IPA

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by Dr Gavin Putland Professor Sinclair Davidson for the Institute of Public Affairs has written an “occasional paper” under the title “What politicians need to know about negative gearing”, opposing the known Labor policy of allowing negative gearing only for new homes (with grandfathering), and the possible Coalition policy of imposing some sort of cap […]

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Squaring the circle: The contradictory arguments against limiting negative gearing to new homes

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By Gavin Putland. Cross-posted from Land Value Research Group. Of all the proposed reforms to negative gearing, the one with the best chance of being supported by a major political party — hence the best chance of getting through Parliament — is to disallow or quarantine negative gearing on future purchases of established homes, while […]

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Want a new GST? Sink the old one!

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Changing the GST was always intended to be hard and is getting harder by the week. Under the so-called intergovernmental agreement on implementation of the GST, any change in the rate or the base required the unanimous approval of the Federal, State and Territory governments. Although that “agreement” can be unilaterally abrogated by Canberra, neither […]

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The Barometer of the Economy

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Tues Oct 30th, 6.30pm 1/27 Hardware Lane, Melbourne Presenter: Dr Gavin Putland RSVP to this free event Dr Gavin Putland discusses the role of Australia’s largest market – the land market – in influencing economic activity. In 2001, Bryan Kavanagh found that a high ratio of property sales to GDP indicated a bubble, and that […]

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Ride for free or pay the fine

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In his second budget, Victorian Treasurer Kim Wells is aiming for a surplus of $155 million, of which $109 million is due to increased fines. The Government has budgeted for $662.5 million in total fines, including $306 million from road-safety cameras, in 2012-13. Exceeding the speed limit by less than 10km/h will now cost you […]

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Developer Levies drive up land prices

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10 November 2011 MELBOURNE:- The Growth Corridor Plan announced by the Baillieu Government presents Melbourne with big challenges. How to pay for the massive infrastructure needed is front and centre – and unmentioned in the Plan. “Demand for new and better transport links around developments and the extra traffic burden they bring onto the existing […]

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