Prosper Australia President Catherine Cashmore had a busy week. First, Catherine was interviewed by Raph Epstein for ABC FM Drivetime. Then Catherine was asked to appear on SBS News Saturday night in Vacant Homes in Sydney draws Attention of UN. Channel 9 news also...
BLOG: Speculative vacancies
Exposed: Scomo’s ‘fix’ on housing costs a sop to Libs’ Big Developer donors
by Warwick Smith Warwick Smith smells a rat in Scomo's sudden solution to housing affordability – planning reform – coming just ten days after developers' call for same. SCOTT MORRISON has suddenly announced that he cares about housing affordability. This is...
Foreign investor tax slug spreads
Catherine Cashmore appeared on Channel 9 news last night to discuss the fact we are building the wrong type of stock to meet our growing community. The report compared the 80,000 apartments due to come onto the market over the next few years with the 80,000 vacant...
4 Corners hard-boils ‘Home Truths’ from our land bubble
Australia’s premier TV current affairs program 4 Corners has a reputation for game-changing. Thoughtful analysis and a giant audience will do that. When it thunders, the time has arrived for a full reset. Last night’s episode ‘Home Truths’ lanced The Great Australian...
Launch reform
The move towards Land Tax reform continues with two supportive papers out in the last few days. Launch Housing has a proposal to fund domestic violence programs out of a vacant housing tax. This was inspired by recommendations from the Royal Commission into Domestic...
Homeless Protest Tax Incentives for Hoarding
Today we featured in the Guardian article by Van Badham: Meet the homeless protesters who are taking on tax breaks for the rich. It has people talking - 236 shares and 208 comments in just a few hours. Badham writes: Word of this betrayal travelled through Melbourne’s...
Friendly Jordies versus Property Speculators
Referencing our eighth Speculative Vacancies Report, Friendly Jordies breaks it down for the everyday person. When are politicians going to get more proactive on the incredible advantages property speculators enjoy? Resources: Zine - Shareholders of Planet Earth Roots...
Housing supply fails – Speculative Vacancies instead
A collection of the week's radio interviews regarding our 8th report into Speculative Vacancies: With Catherine Cashmore on our favourite weekly show, the Renegade Economists: Vacancies Up, House Prices Up by Renegade Economists on Mixcloud Tony Biggs interviews Karl...
Vacant homes up 28% despite housing crisis
Media Release: Speculative Vacancies Defy Housing Affordability Pressures - Again 82,724 properties lie vacant and unoccupied across Greater Melbourne, according to Prosper Australia’s 2015 Speculative Vacancies Report released today. Key findings: • 4.8% of...
Almost 20pc of Melbourne’s investor-owned homes empty
Published by the Australian Financial Review by Michael Bleby The number of empty houses and apartments in Melbourne is much higher than traditional estimates, with as many as one-fifth of all investor-owned properties lying empty, according to a study of water usage...