Steve Keen: To Bubble or Not to Bubble

Karl FitzgeraldMultimedia2 Comments

Renegade Economists Podcast 178

As broadcast on the almighty 3CR, Wed 20th April, 2011.

Renowned Australian economist and debt skeptic Steve Keen discusses the changing state of the Australian housing market. Why do some say we are not in a bubble? Dont Buy Now!

Some of the topics discussed can be found in Steve’s articles:
This Time Had Better Be Different Pt 1
This Time Had Better Be Different Pt 2

Listen to Steve Keen (about 10 mins in)

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Speculative Vacancies report release

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Tuesday May 3rd, 7pm
Presenter: Tohm Curtis
Where: Prosper Australia rooms, 1/27 Hardware Lane, Melbourne

Entry: RSVP pls and gold coin entry (to cover drinks and nibbles)

For four years we have been pointing to the hidden supply of privately held speculative land as a major issue for the ‘nowhere to live’ media cycle. Instead of sprawling outwards, we should be utilising the land we have to its highest and best use.

The State Grid Company of China recently released data using a similar utilities-based survey of land and housing usage to find a staggering 65.4 MILLION empty homes . Watch the SBS special.

Tohm Curtis was arguably the first in the world to use utilities (under 50L of water per day) as a proxy for property use with his 2008 I Want to Live Here report. Come and hear the young man deliver the facts to a most interesting issue.

2009 report summary

Stale Property Stench

Karl FitzgeraldCampaigns, MultimediaLeave a Comment

Renegade Economists Podcast 176

As broadcast on the almighty 3CR, Wed 6th April, 2011.

Bryan Kavanagh from the LVRG and one of our most active blogs, The Depression, brings his 40 years of experience in the land game to the show. We discuss the Buyers Strike and why now is not the time to buy property.

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Karl starts the show comparing the 1596 properties that have been for sale for over two months in Point Cook versus the 750 that sold for the entire year of 2010. Compare your suburb via SQM Research with this handy top suburbs for transactions list from RP Data. Something dramatic is happening in one of the world’s last remaining housing bubbles right now!

Listen to the REIV’s Larocca defend the have’s over the have not’s.

Home ownership getting tougher

Share the photo and the sounds. Don’t Buy Now – the market is crumbling!

A special thanks to all those people sharing stories on our Home Buyers Strike Facebook page. We’ll put your hard work to good use. Join the community as we build the numbers so that Gen X & Y cannot be ignored! Housing is a human right, not a speculative might.

Buyers Strike Goes Mainstream

Karl FitzgeraldCommentary1 Comment

Renegade Economists Show 175

Broadcast on 3CR, Wed March 30th

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As the Don’t Buy Now campaign hits fever pitch, the Age had our campaign as the lead story for most of the day. Google News Australia ranked the Buyers Strike at no1, as did Yahoo. The day started with David Collyer interviewed by Red Symons, (as you will hear).

Other audio snippets related to the campaign were also played, including a summary piece by Chris Zappone and a reading of some of the more colourful comments from the Fairfax article by Prosper Secretary Anne Schmid.

Dont forget to join our vibrant Home Buyers Strike facebook page
Sign the Total Abstainers Pledge
Keep on top of the campaign with What We Want.