Housing supply is often touted as the one and only solution to unaffordable housing. It is a favourite topic of both the development industry and many government inquiries (including the current Inquiry Into Housing Affordability and Supply).
The media is again full of chatter about the housing affordability crisis in Australia. Property markets have gone on a tear as mortgage rates bottom at levels close to matching inflation. Governments are subsidising a building boom to save the economy from COVID, and the resulting collapse in immigration.
Vacant Residential Land Tax is ineffective in curtailing property vacancies in Melbourne. Policy must prioritise housing as a human right, not a profit generating tool. Budget housing policy will drive up land prices, countering the need for fairer post-covid housing…
With interest rates at record lows, what are the implications for the Australian economy? What can be learnt from other nations? Josh presents some likely alternatives for policymakers to consider as the dangerous mix of loose credit alongside lax land…
The Australian Fabians are running an interactive event on “Housing and Homelessness” that coincides with the time we normally run our own discussion night. So we thought we’d join in to help bring a Georgist perspective to the table and contribute to the conversation.
Like most 30 somethings with a substantial HECS debt and an addiction to avocado on toast, I am an aspiring first home buyer. I’d love to buy the home I currently rent: a daggy 1960’s ‘six-pack’ flat on a main…
The Productivity Commission’s recent five year review, “Shifting the Dial”, brings the welcome recommendation of a shift from stamp duties to a broad-based land tax. Stamp duty is a dud tax from the economist’s point of view; it doesn’t achieve…
Cameron Murray from Fresh Economic Thinking provides insight on why today’s housing modeling is not up to the task of providing accurate insights into urban development. The workhorse model of urban economics is the Alonso-Muth-Mills (AMM) model of the mono-centric…
Are you locked out of the housing market? Do you want to see an end to market distorting subsidies to property investors? Sign the petition! This petition calls for the Federal Government to reform negative gearing NOW! Negative Gearing must be…
Victorian Labor in its November 2014 election transport manifesto Project 10,000 boldly announced it would “Remove our 50 worst level crossings” at a cost of $5-6 billion. They are now the government. Grade separation of rail – elevating the track…