The AFR today reports Brickworks Ltd calling for steep increases in Sydney land supply to assist affordability for homemakers. Developers on the outskirts of all the major Australian cities are dribbling out lots piecemeal – stifling supply, household formation and…
Innovative Vacant Housing measure – Speculative Vacancies 2013 from Karl Below is Catherine Cashmore’s audio presentation for the event – the 7th Speculative Vacancies report. Click through the powerpoint slideshow in time to the mixcloud audio file below. (Unfortunately this…
Dear Matthew, this week we released our 7th Speculative Vacancies report – Empty Investment Homes Ignored, finding 46,836 empty homes in Melbourne. Read the press release. Despite your valiant efforts in bending over backwards to provide extensive land re-zoning both…
ASX Investigations – Tax Evasion to Land Banking by Renegadeeconomists on Mixcloud With another whistleblower releasing the inner details of tax evasion strategies (the LuxLeaks) in the build up to the G20, it is timely this week’s Renegade Economists radio…
Having trouble reading this newsletter? View it online. THE ENEWS OF PROSPER & EARTHSHARING AUSTRALIA OCTOBER 2014 Englobo 2014 Report Launch – tomorrow night Thursday, October 30th, 6.30 – 8pm Level 2, 22 Punch Lane, Melbourne Presenter: David Collyer RSVP, donations…
Thursday, October 30th 6.30 – 8pm Level 2, 22 Punch Lane, Melbourne Presenter: David Collyer RSVP, donations appreciated Join us for the launch of David Collyer’s investigations into the land holdings of Australia’s largest property developers. Englobo 2014 – Land…
Chris Vedelago at The Age has exposed a fascinating land-play by Stonnington Council, enforcing scarcity and lifting land prices in the most valuable residential municipality in Melbourne by adding to insatiable demand with its own house-buying to demolish and make…
Australia is a mirror of other countries where high housing prices were also blamed on a shortage, always revealed, in hindsight, to be a chimera.
If the RBA and our economic mandarins observe a national strategic advantage they have an obligation to foster it and deploy it to the advantage of all. One of ours is space. We have chosen to welcome migration, dig up minerals, grow crops and animals – but also to strictly ration by price the access to land for young adults.
The Napthine government is determined to limit land supply and thereby further increase the cost of land for all in Melbourne.
The price of freshly subdivided land on the outskirts of cities reverberates and amplifies all the way to their centre. Constricting supply has profound implications.