fbpx

Oh look! A baby swan!

Australia desperately needs an alibi – a Black Swan event – to nominate as the tipping point that ended the land bubble. Government is rigid with fear about the political consequences of being blamed for the turn. Whoever presides over the shift will earn a page in...

Selective US deflation

Westwood Capital, a US finance firm, have a slide set out trying to pretend all is well with the US property market. I can’t recommend their thesis of US housing shortages and rent hikes, but perma-bulls might enjoy being stroked. Dross. Except slide 12 which breaks...

The Rotting Fruits of a 100 Year Old Trend

By Calllum Newman of The Daily Reckoning Perhaps you heard the news? The Australian Financial Review reported ‘Hong Kong-listed property giant R&F Properties has agreed to buy a Brisbane riverfront site for more than $80 million, greater than four times what DEXUS...

Negative Equity – Australia’s Wall of Pain

Recent stress-testing of Australian banks by the Australian Prudential Regulation Authority showed they would survive, though their capital would be sorely tested. This analysis did not take into account an important feedback loop: the erasure of the equity of heavily...

Englobo, Speculative Vacancies, the Wealth Illusion

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...

Englobo Report Launch, Thursday October 30th

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....

New Stonnington parks to enforce land scarcity

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...

The Housing Supply Chimera

By Philip Soos and Paul D. Egan Over recent weeks, commentators have repeatedly claimed Australia’s high housing prices are due to a supply shortage. Former Treasurer Peter Costello blamed surging housing prices on a shortage, as did Alan Kohler. Treasurer Joe Hockey...

Over the BBQ

In the spirit of Anthony’s Story, an alert Don’t Buy Now! activist has sent this eye-popper with more sizzle than a Sunday BBQ with your Little Landlord mates: I’d like to share a story with you that shows the system is broken. I’ll divulge...

Senator Day calls out land bankers

Finally a Senator has said it, on the front page of the Australian Financial Review: Senator Day described sections of the property industry as “carpet-bagging, rent-seeking bootleggers” who used political donations to wield ­influence to restrict land supply and...