Planning Minister Matthew Guy has just handed his mates a conservative $420 MILLION dollars. The 7000 hectare expansion of the Urban Growth Boundary is the equivalent to a golden pen tick, turning those who are lucky enough to own land in the right locations into millionaires. Urbis calculates that a $60,000 windfall is delivered to […]
Real Estate 4 Ransom from Real Estate 4 Ransom on Vimeo.
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 […]
And I owned all the land, How much would I charge you for your first night’s rent? That was the statement Red Symons of ABC breakfast radio ran as a lead in to our 6.45am discussion this morning. It is also the opening line in the film, attempting to settle those who blame banking and […]
Download the Speculative Vacancies report As written up in The Age today, p5: Speculators ‘locking up’ empty dwellings that could be homes Michelle Griffin PROPERTY speculators have locked up 46,220 empty homes in metropolitan Melbourne, the housing campaign group Earthsharing Australia says. In a documentary soon to be released, Real Estate 4 Ransom, the group […]