Prosper Australia’s latest Speculative Vacancies data update reveals a 16% rise – to 31,890 – in totally empty homes in Melbourne over the past year. This rise in empty dwellings has undermined the benefit from new housing supply coming online.…
Prosper’s Director of Research and Policy, Tim Helm, was interviewed by Cameron Murray for the Fresh Economic Thinking podcast on 9 November 2023. Their conversation covered the relationship between the prices of land and housing, how to define and measure…
A summary of recent research Speculation: it’s a Georgist obsession shared by few others. Landbanking, flipping, vacancy, delayed development, staged releases – how does any of this matter? Speculative behaviour tells of the market at work, allocating capital and land…
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).
[et_pb_section fb_built=”1″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”blurb” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”] This event was held on Wednesday, September 1, 2021, over Zoom. We all want to know “what’s next?” after the…
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…
by Bryan Kavanagh “The more tuned out the general population, the more James can get away with his Game before voters notice.” A full house for the Melbourne book launch by co-author Dr Cameron Murray of the “Game of Mates:…
Melbourne City Council is wringing its hands again over developer land vagrancy – prime sites deliberately held vacant or with disused, dangerous buildings to assist developer lobbying of government for rezoning or advantageous building permits. The issue last hit the…
In March last year, the NSW Supreme Court set aside the NSW Office of State Revenue’s assessment for land tax in 2009-13 on certain lands at Terranora in the Tweed Valley held by Metricon. The developer bought the $60m aggregation…
by Dr Cameron Murray reposted from macrobusiness On Friday 28th April I am appearing and Queensland’s Crime and Corruption Commission’s Operation Belcarra as an expert witness on relationships between councillors and property developers, and how that leads to favouritism. A…