Renegade Economists show 362
As broadcast on 3CR, Wednesday 15 October.
Subscribe to the weekly show
Matt Ellis (rationalradical.me) discusses his petition calling out Senator Nick Xenophon for pushing superannuation access as a vehicle for housing affordability. More money on a fixed land mass = higher land prices AKA a seller’s subsidy. Policy fraud must end!
Here is the South Australian government body HomeStart Finance, offering risky 3% deposits or 97% LVR. Anything above a 90% LVR is frowned upon. Here’s another similarly named group with $2,500 deposits.
For Nick to be taking advice from HomeStart rather than listening to people like Matt and his incredible list of evidence compiled (on the original petition) is frustrating.
Let’s see if the Senator accepts our challenge to appear on the show and counter this discussion with scientific evidence. Will it be any different to what happened in Canada?