Housing policy remains in crisis as today's 8 capital cities index revealed a rise of 7.6%, with Melbourne up 6.8%. "This heralds Victorian housing affordability policy a distinct failure. Never before have so many generous exemptions been given to the property...
Executive Summary This Speculative Vacancies report has sought to measure the number of residential and commercial properties in Melbourne that are vacant and held out of use. Residential rents surged between 2007 and 2010, imposing financial stress on many tenants....
The ANZ property economics team is out in the AFR today with a bold prediction of a rise in house prices. ANZ’s David Cannington is one of the most clear-eyed economists in Australian property and this forecast must be taken seriously. As usual, the devil is in the...
The Victorian government today released its metropolitan planning strategy Plan Melbourne at an industry seminar in the Melbourne convention centre. It puts in place the preconditions for a city that is: • Economically divided • Highly livable for those with the price...
22 October 2013 MELBOURNE:- Overnight, Australia’s property industry has endorsed removing Stamp Duty on property transactions, the AFR reports - a major tax policy shift welcomed by Prosper Australia. “Scrap Stamp Duty and fund this by also removing the principal...
Thurs Oct 31st, 6.30pm Presenter: Philip Soos 2/22 Punch Lane, CBD RSVP What could thousands of empty homes do for affordable housing? Philip Soos is set to release our most comprehensive report, with over 94% of Melbourne's residential property surveyed for a full 12...
The Australian Financial Review today 19 September has no less than four articles disputing the existence of The Great Australian Land Bubble. Your civic duty to buy, buy buy by Jennifer Hewett Page 2 RBA hoses down property bubble talk by George Liondis and Jonathan...
Address to the 122nd Annual Henry George Commemorative DinnerThe Royal Society of Victoria, Melbourne 2nd, September 2013 by Saul Eslake An edited audio recording of the presentation was broadcast on this week's Renegade Economists radio show. Note: The opinions...
The following is an article published in Online Opinion today. Dymphna Boholt, the focus of this article, released an enews on the day the ABS 8 Capital Cities index was released (revealing a national 2.4% upkick in prices) entitled "Are you accountable for your...
Updated April 2016 Location, location is a crucial real estate strategy but ignored in neo-classical economics. This leads to poor economic policy that ignores the natural advantage of owning a prime location over running a business. Investors hover around 50+% of all...