BLOG: speculation

Property Supply Magic

photo credit: Super Doily As published in yesterday's Online Opinion As if out of thin air, a magical 46 per cent more property was offered for sale in February than a year earlier. Like the heavens opening after a long drought, desperate first home owners must have...

Lobby Your MP on Housing Affordability

Your name: Your email address: Subject: Your local member of parliament Tony Abbott (Warringah) Dick Adams (Lyons) Anthony Albanese (Grayndler) John Alexander (Bennelong) Karen Andrews (McPherson) Kevin Andrews (Menzies) Bob Baldwin (Paterson) Adam Bandt (Melbourne)...

What We Want – Buyers Strike

The Home Buyers Strike was launched to warn prospective home owners that now is not the time to enter the market. Sign our Total Abstainers Pledge so we can demonstrate that this is a genuine movement for people who expect that housing is a human right, not a...

Buyers Strike finds heavyweight backing

The first home Buyers Strike announced by tax reform group Prosper Australia last week is being supported by debt-skeptic Steve Keen. “This is an excellent idea which I endorse,” Keen said on his website (1) yesterday. “It would be a foolish personal decision to take...

Buyers Strike “Irresponsible”

“Two secure jobs and a good deposit are no longer enough to buy a home. First home buyers must make a life-long vow of poverty as well. It is irresponsible to expect such a sacrifice,” Collyer said. “Do not underestimate their anger and frustration at being denied land ownership and its civic benefits.”

The pain in falling land prices

photo credit: Travis S. The US housing market is a living hell.  Homeowners are being boiled alive. The price of land was bid up to staggering multiples of incomes, until it no longer made sense to buy a house. And then the trend turned, hard and fast. One in five US...

Eurozone: ignore land prices at your own peril!

With the sounds of despair rioting through the streets of Greece, Spain, Ireland and others who no longer have the ability to fund themselves, it is a sign of the times that even the IMF is pushing for improved tax systems relating to land values. The IMF's "What...