Property Supply Magic
photo credit: Super Doily As published in yesterday’s Online Opinion As if out of thin air, a magical 46 per cent more property was offered for sale in February than a year earlier. Like the heavens opening after a long…
Tag Karl Fitzgerald
Has our Prime Minister been replaced to suit the overseas shareholders of BHP and Rio?
“Gillard must come out strongly and call the lobbyists for who they are. She must assert control over the RSPT rather than negotiate with each and every individual company.
Henry Review puts Land Tax on the Agenda
photo credit: anarchosyn The Henry Tax Review’s highlighting of Land Tax as a policy direction is a welcome and encouraging development, says Prosper Australia. “This is THE tool to liberate the people of Australia from their current financial difficulties,” Prosper…
Creative Destructionism V Bailout the Destroyers
photo credit: nflorence2012 How to avoid being caught short: US calls in old rules to shield its markets: The slumping financial markets have been rebounding steadily in the past month for several reasons, including regulatory and legislative decisions in Washington.…
The Geithner Plan = 40% of income for a right to a piece of land on which to stand.
photo credit: country_boy_shane At least Timothy Geithner is showing a little spunk with his new shared equity plan. The government puts in effectively 93%, and the lucky bankers chosen put in just 7%. How does it work? Both the government…
Gen X/ Y – Rent don’t buy!
photo credit: pyramis Rents up, but house prices down. It doesn’t make sense, but such is life for men and women in their prime trying to find a place to call home. Land monopoly power exerts its ultimate influence over…
REIT’s hit the skids
photo credit: chauromano Ahh the Age beats us to the story! Australian Real Estate Investment Trusts are down 73% year on year. Michael West covers this in Property Not So Safe After All One of the “leading lights” of the…
Single Renters Miss Out on the PM’s Lifeboat
photo credit: alexkon Karl Fitzgerald Project Coordinator and Web Editor the Saturday Age – Business section, p2, Oct 25th. FREE market principles are being put to the test like never before. With share prices collapsing, policymakers are scrambling to keep…
Three Dimensional Economics
by Karl Fitzgerald as published in Arena Magazine, Feb-March, 2008, Edition 93 In a period where the twin crises of global warming and the wealth gap are attacking society from both sides, policy makers are continually limited in their effectiveness…
Generations Ask Y is Housing a Speculator’s Paradise?
By Karl Fitzgerald Crikey If we are all borne onto this planet as equals, why are some subsidised to own the planet at the expense of others? Don’t we all deserve a roof over our heads? The right to participate…