Housing shortage questioned again

Karl FitzgeraldCampaigns, CommentaryLeave a Comment

With recent doubts on Census data winding in the mainstream opinion on housing shortages (down from 228,000 to now just 23,000) we were pleased to have our 5th Speculative Vacancies report written up by Chris Vedelago on Fairfax’s Domain blog: A study by Earthsharing Australia estimates there are 90,730 vacant properties around the city, enough homes to provide housing for … Read More

Speculative Vacancies in Melbourne 2012

Karl FitzgeraldCampaigns, CommentaryLeave a Comment

Philip Soos 21st June 2012 Executive Summary It is generally accepted that a crisis is occurring in rental property markets of most metropolitan areas in Australia, including Melbourne. Since 2006, rental prices have increased significantly above the rate of inflation, causing many tenants to experience financial stress. Accordingly, the lack of affordable and available rental properties is an ongoing concern. … Read More

Over 90,000 Empty Houses Amidst Housing Crisis

Karl FitzgeraldCampaigns, Hot Issues6 Comments

20 June 2012 There are 90,700 vacant houses in Melbourne – 5.9 per cent of the total – according to Earthsharing Australia’s 5th annual Speculative Vacancies Report. “Our lazy land use makes a mockery of the drive for affordable housing,” researcher Philip Soos said today. Vacancy hotspots include: Docklands 14.1%, Williams Landing 13.5% and Truganina 12.9% where construction has clearly … Read More

Housing Glut Interest

Karl FitzgeraldCampaigns, Hot IssuesLeave a Comment

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

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. Listen to the show … Read More