Poverty, protest and the need for economic reform

2014 Collage Crew - by Renegadeeconomists on Mixcloud

Renegade Economists Show 372

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.

Subscribe to the free weekly podcast.

Show Notes
Karl unleashes his yearly collage of interview highlights with the musical yearnings he lets out of the bag over summer. Featuring interview snippets from Keilor MacDuff (Ferguson shooting of Michael Brown), Margo Kingston on ICAC, Dave Wetzel and Dirk Loehr on Marx, John August on monocultures, Catherine Cashmore on windfall gains between east & west Melbourne, Dr Michael Vardon on Australia’s Environmental-Economic Accounting System, Philip Soos and David Collyer on the Senate Housing Inquiry submission and yes Karl on Property Options.  

Related Links

Music by:
Aoi
Gary Clail’s Enough is Enough
Flying Lotus remix of Shadows of Tomorrow
Beck’s Novacane
Kelp – Colours Dont Leak
Ricardo Donoso – Mutual Assured Destruction
Gun battle samples
Ferguson news clip via RT News

Photo – Karl Fitzgerald in action at Democratising Land Use talk, Oakland, CA:

Recovering Financial Crises

Recovering Financial Crises by Renegadeeconomists on Mixcloud

Renegade Economists Show 371

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the free weekly podcast.

Show Notes
Recovering Financial Crises: Akhil Patel discusses the influence of the land game on the stockmarket and how to decipher the stage of the economic cycle – crucial info for any reformer as we dart from China, the UK, EU to Australia.

Related Links
Akhil Patel on the Eurozone Crisis (LSE)
Phil Anderson’s The Secret Life of Real Estate & Banking book – reviewed by Mason Gaffney.
Using Cycles to Remember the Future
Bumper Music by Derek Audette

 

Interview Phil Anderson:

Floating Concrete to Foreclosure

Floating Concrete to Foreclosure by Renegadeeconomists on Mixcloud

Renegade Economists Show 370

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the free weekly podcast.

Show Notes
Floating Concrete: A podcast only show featuring storyteller and concreter Hayden discussing some of the tricks we need to look out for when it comes to the foundations for housing – the concrete slab. Karl also reviews the recent Vic election and related themes.

Related Links
Policy checklist for new ALP government
Vic Land Titles office a core government function
Open letter to Matthew Guy

 

The Code to Housing Wastage

64,386

As published at Online Opinion:

Despite Melbourne’s record-long housing affordability crisis, 64,386 empty homes were quantified in 2013. Vacancy hotspots surrounded the usual suspects of prime location, infrastructure, culture and education. This Housing Supply Crisis is aided and abetted by an ineffective taxation regime.

But you wouldn’t know so many vacancies existed if you watched the published vacancy rates. The vacancy rates  mentioned in the press do not include those properties held empty by speculative investors chasing capital gains. They only include those properties advertised ‘for rent’.

Prosper Australia identifies empty homes by analysing abnormally low water consumption rates averaged over 12 months. We believes this trend of hidden vacancies is national and must be investigated the longer this housing crisis continues.

With investors now running at some 50% of all housing loans (up from 12% in the mid 80’s),  the effects are starting to add up. The divergence between rental income (median $18,000 per annum) and capital gains ($60,000) is accelerating. An increasing number of property investors are choosing to leave their properties empty. Some investors acknowledge that by leaving 10-20% of their growing property portfolio empty, they will enforce scarcity, pushing rents and prices upwards.

Read the rest at Online Opinion.

Due to recent google algorithm alterations, we aren’t risking this reposting penalty

Van Badham – Digital Literacy meets Political Madness

Renegade Economists Show #369

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the free weekly podcast.

Yesterday’s Political Capital is Tomorrow’s Political Noose by Renegadeeconomists on Mixcloud

Show Notes
Guardian journalist Van Badham joins to discuss the political landscape in this fast fast digital era. She gives an overview of the neo-liberal agenda amidst the Australian yearning for a fair go. How are our representatives adapting?

Related Links
ABC Cuts: Abbott would have been unelectable by Van Badham
Van Badhams ever active twitter

Follow Renegade Economist Karl Fitzgerald via @earthsharing

Regarding the Hide the Bubble show image above, this show was pre-recorded before the horrid Liberal Party announcement to privatise the Victorian Land Titles office. This austerity type measure is using the planned obsolescence of the tax system to justify privatising the pillars of democracy.

A global neo-liberal trend, we are very concerned about the rentier agenda to mask over the bubble in yet another way. Privatisation will make our job that much more expensive in researching land costs in this speculative era. Read our Prosper press release on the core government function that is Land Titling.

Opportunity and Equity