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Casey Jenkins has re-interpreted the‘I Want to Live Here‘ report with some useful graphs. As you may have read in the original report, we uncovered a genuine vacancy rate five times that reported by Real Estate Institute of Victoria; 6.9% compared to REIV’s 1.4%. By collating data from Melbourne water suppliers we were able to [...]
The Rudd- Swan government’s flat denial of negative gearing reform proves that modern politics is incapable of dealing with the difficult questions. It was all too risky in an election year. The dreams of working families are set to play second fiddle to the propertied class for years to come. But yet the announced reforms [...]
photo credit: Ian Sane On the one hand, the market delivers the best for the least cost. But on the other hand…. few are willing to call it as it is. Yesterday’s National Housing Supply Report used coded language to hint at a ‘possible over-supply of housing’ due to housing investor tax breaks (p50). However [...]
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 [...]
Media Release Housing Shortage in Inner City a Myth 2,317 properties have been found empty in central Melbourne during Australia’s worst ever housing crisis. Read the Full Report (PDF 432kb) “The 2008 I Want to Live Here report has found a 7% genuine vacancy rate in the inner city as compared to the much publicised [...]