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

Housing Oversupply Evidence Builds

Karl FitzgeraldHot Issues2 Comments

The Financial Review’s Ben Hurley has revealed an absolute game changer in the age old housing supply debate: Adjusted by Morgan Stanley researchers to allow for a potential census under count, the 228,000-home undersupply becomes a 341,000-home oversupply. This adds to the imperative for better checks and balances in housing supply analysis. Our recent Speculative Vacancies report revealed Melbourne had … 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

Speculative Vacancies Report release

Karl FitzgeraldEvents3 Comments

Thursday June 21st, 6.30pm Presenter: Philip Soos Prosper rooms, 1/27 Hardware Lane, Melbourne RSVP – gold coin donations Exciting young researcher Philip Soos is set to release our 5th Speculative Vacancies report. In the past, this report has been a lonely voice shining a light upon the lazy use of land in prime locations. Phil has surveyed over 1 million … Read More

Windfall Welfare

Karl FitzgeraldCommentaryLeave a Comment

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 each re-zoned hectare near the … Read More