Englobo
Land in Australia should be dirt cheap. Outstanding access to land ought be a national advantage, generously conferred by a loving government upon its people.
Tag housing affordability
No, House Prices are not ‘Recovering’
A storm of triumphant prose rolled out to greet yesterday’s release of the authoritative ABS Eight Capital Cities House Price Indexes. Normally-sober Bloomberg told its global audience: “Prices climbed 0.3 per cent in the September quarter from a year ago.”…
Institutionalised exploitation – class warfare – infuriates me
‘We help property sellers sell’ is realestate.com.au’s proud claim. It is shocking to discover how far this News Corporation subsidiary is prepared to go to fullfil this promise. An un-named writer penned a delightful upbeat article on their website based…
Goodbye to high land prices
Next week, a disappointed man and his family are flying out to a new life in Seattle, Washington. They came to Australia seeking new opportunities in a high growth economy. They love Australia, love Melbourne, but have been driven…
CIV Rates Make Families Subsidize Land Speculators
17 October 2012 The survey of Victorian local government candidates conducted by Prosper Australia ahead of the 26 October election reveals few candidates understand where and how councils are funded. “We learned only a handful appreciate Site Value Rating is…
Written Off: Negative Gearing
Tuesday Oct 2nd, 6.30pm 1/27 Hardware La, Melbourne Presenter: Philip Soos RSVP $5 entry Does Negative Gearing increase rental supply? Is it a path to wealth or a black hole? Download the full report (PDF) Philip Soos has assembled an…
Land Tax Stability
The education of the public via mainstream media continues to grow with Jessica Irvine writing in the Herald Sun today: “State governments do apply some land taxes, particularly on investment properties. But a major recommendation of the Henry review was…
Banking on Land Rent
by Dirk Bezemer and Michael Hudson As published in the World Economic Association’s World Economic Review Vol #1. Borrowed from Michael Hudson’s website, where you can find details of his new book The Bubble and Beyond. ABSTRACT Current macroeconomics ignores…
Renovating for fun and profit
Toby Johnstone in the Sydney Morning Herald is at it again, suggesting renovating for profit in Sydney makes sense. On September 8 he profiled 50 Princes Street Bexley where a bright-eyed couple spent 5 years reclaiming a ‘swamp’. The property…
Leith van Onselen on Australia’s Macro Housing conditions
Last week’s 121st Annual Henry George Commemorative dinner was a success with 70 in attendance. The audio from Leith van Onselen’s presentation was recorded and edited into his arresting powerpoint. Press play and enjoy the analysis. Macro housing conditions –…