Andrew Sadauskas
It was a cold Thursday morning when I set out on my quest. My mission? To find the heart of Melbourne’s housing affordability and traffic problems. My quest took me to the middle of Melbourne’s great southeastern sprawl, which now stretches as far as Pakenham.

After a morning spent hunting for it on Melbourne’s public transport, I reached my unlikely destination: the carpark behind the Village Green Hotel, in Brandon Park.

On its asphalt surface stand the cars of about a dozen gamblers, who can’t resist their early morning gaming fix, and little else. Buried under its acres of asphalt, where the morning puters have parked, are several acres of land where houses don’t stand. Across the ever congested Springvale Road stands Brandon Park Shopping Centre; a shrine to the 1980s that Centro’s cash-strapped management now almost certainly regret buying.

If the Coliseum symbolises Ancient Roman cruelty, what does this carpark say about us? Are we addicted to the car like those punters at the poker machines inside? Are we willing to lose the house for our habit?

Frank de Jong, Green Part of Ontario Leader

Frank toured Australia this time last year for the True Cost Economics Forum. He wrote this piece in lieu of exciting developments in Canada.

For the first time to my knowledge, Toronto will be collecting economic rent to pay for infrastructure — in this case to redevelop a section of a busy shopping street. (The wealth that accrues to locations is known as economic rent).

It was reported in the Globe and Mail as follows: “The city will borrow the money up front, to be paid off gradually by the businesses along the ritzy strip.”

Significantly, although the city has refused to pay for the street redevelopment out of property taxes, the adjacent businesses know the benefits to them will outweigh the costs, and are therefore willing to pay for it themselves. These Toronto businesses know that if infrastructure is warranted and beneficial it will raise the value of their land by more than the cost of that infrastructure. When redevelopment makes locations more desirable, more economic rent is attracted, over time, than the cost of the initial redevelopment.

Listen:

Frank de Jong interviewed on RRR’s ‘The Word’ (13.9MB, 15 mins)

Watch:

NZ YouTube interview (5mins)

Frank de Jong’s full speech ‘Combatting Greenwash Locally’ (VLGA, July 26th, 40mins)
Combatting Greenwash Q & A session

Alternatively you can watch the VLGA speech via YouTube (in 6 parts)

Frank on Planet TV …

Frank De Jong – Tools of Sustainability Tour
July 13 – Aug 3
Melbourne – Sydney – Auckland – Full Tour Itinerary

Frank De Jong, leader of the Ontario Greens (Canada), will be touring to discuss and demonstrate the economic tools the planet so desperately …