This article was written for the Sustainable Living Festival and can be downloaded The global economy crashed under the weight of excessive debt – debt caused by the giant ponzi scheme known as the real estate game. Drilling down, we see that it is high land prices that caused the debt drain. Greece had a property bubble of some 220% … Read More
SLF Festival this weekend
Earthsharing will have a stall along the Yarra riverbank at this weekend’s huge SLF event from Fri 12 – 8pm, Sat – Sun 9 – 5pm. Drop in to buy a copy of Real Estate 4 Ransom, have a chat about the state of our speculative housing market or find out about our latest campaign. I will be broadcasting the … Read More
Parasitical Economics of the New Guilded Age
photo credit: euthman Renegade Economists Podcast 213 Subscribe to the 3CR podcast here or listen Wednesdays 530 – 6pm. Author Christopher Ketcham hits the forces of Monopoly Capitalism with an overview of how the market system became a host for greed. Recorded 06/12/2011 www.realestate4ransom.com Host Karl Fitzgerald: out of the 25 largest cities in America, New York is the most … Read More
Housing Glut Interest
Adam Schwab wrote up our fourth report on speculative vacancies in Crikey yesterday. Shortage or glut? Feast or famine? The question of whether Australia is suffering a housing shortage continues to be hotly disputed, with the real estate and construction lobbies arguing a desperate shortage exists, while other independent bodies, such as Prosper Australia, disputing the notion of a shortage. … Read More
Free Riders
A clip taken from our film Real Estate 4 Ransom. For those visitors from this weekend’s Domain article, feel free to read this or this. Listen here.