Petition for Affordability

Karl FitzgeraldCampaigns5 Comments

The Rudd Government has reviewed the tax system. The Henry Review came out strongly in favour of capturing economic rents for the common good. Read our analysis of the report here and here. The Rudd Government has written off any serious reforms to issues relevant to housing affordability. Why tax $285bn from people daring to work but only capture $40bn … Read More

Drip Drip Land Supply

Karl FitzgeraldCommentary2 Comments

photo credit: waferboard Land in Short Supply in Perth The Urban Development Institute says there are currently fewer than 1400 blocks of land for sale in Perth. .. But, the Real Estate Institute believes there are a lot of speculators sitting on land waiting for prices to improve before releasing them for sale. The UDIA is concerned that with 1200 … Read More

Event: Asset Bubbles Forever

Karl FitzgeraldPast EventsLeave a Comment

Tuesday March 2nd, 6.30 – 8pm Phil Anderson With land prices increasing $766 a DAY in the December quarter, Phil Anderson will analyse economic prescriptions and asset bubbles. Are bubbles essential for banking liquidity? Who is meant to borrow this credit and for what? Phil Anderson, Director of Economic Indicator Services and author of The Secret Life of Real Estate, … Read More

Gen Y Housing Market Sleeper Election Issue

Karl FitzgeraldCommentary12 Comments

photo credit: dbgg1979 Today’s Crikey had this corker: The housing market: Ben Loiterton writes: I am hoping you are alert to a gigantic sleeper issue building up steam in the community, although I haven’t seen any commentary from you at all. The issue is the alienation of the entire younger half of the population from the housing market as the … Read More

Inner city vacancies drive urban sprawl, affordability crisis

Karl FitzgeraldCampaignsLeave a Comment

The 2009 I Want to Live Here report reveals how speculative vacancies are overlooked in housing supply analyses. “Inner city suburbs such as Richmond (7.40%), Princes Hill (8.76%) and Flemington (8.83%) had Genuine Vacancy Rates more than five times greater than the REIV’s vacancy rate of 1.4%” stated Earthsharing Australia spokesperson Karl Fitzgerald. “By including speculative vacancies and under-utilised properties … Read More