|THE ENEWS OF PROSPER & EARTHSHARING AUSTRALIA|
Englobo 2014 Report Launch – tomorrow night
Thursday, October 30th, 6.30 – 8pm
We hope you will join us tomorrow evening as David Collyer launches Englobo 2014 – Land Banking Profits during a Housing Supply Crisis. The investigation into just how much land Australia’s biggest property developers are holding and the effect on the housing market is set to be as explosive as ever.
For an introduction to the concept of Englobo and why it matters check out this article from David’s first Englobo investigations in 2012.
Speculative Vacancies 7 – Report Release
The 7th Speculative Vacancies report will again raise awareness of the need for property held for capital gains to be included in Australia’s housing vacancy measures. Only looking at ‘housing for rent’ is not accurate as a vacancy measure in this investor-dominated market. Our vacancy rate typically doubles the vacancy findings the mainstream media quotes. With the capital gains in the land game regularly tripling the yearly rental incomes available, there is less and less motivation for investors to risk their kitchen cupboards on a ‘reckless renter’. Catherine Cashmore, the winner of the EJ Craigie writing award, will inject her unique investigative manner to this year’s report.
The final vacancy numbers are again shaping up to reveal a jaw-dropping number of under-utilised properties in this era of the Housing Supply Crisis.
Please save the date and invite your friends feeling the housing stress!
Unaffordable housing not making us wealthy
Earlier this month Credit Suisse released their latest Global Wealth Report which found that based on our extremely high house prices Australians are the richest people in the world. In contrast to most of the media Warwick Smith cuts through the illusion in this article reposted to the Prosper website:
Also at Prosper Leith van Onselen discusses how to get the states on board with federal tax reform and cites Prof. John Freebairn’s address from this year’s Henry George Dinner.
Want to share? There’s a catch…
The “sharing economy” is in the spotlight again with Salon writer Richard Eskow warning that we’rebuying into a digital myth about wealth creation that we can only ignore at our own peril:
As Facebook, Amazon and Uber exert every increasing influence on the market – and our lives, it’s time to make sure we are truly paying attention.
The forgotten coup
Much has been written on the many achievements of great reforming Prime Minister Gough Whitlam since the news of his death and we would like to recommend adding this article by John Pilger to your reading list. Pilger explores Whitlam’s radical attitude towards foreign policy and our colonial ties as a forgotten but critical factor in his political demise.
|Retired Army Gal|
If you missed the last few editions of Renegade Economists make sure you head to our Mixcloud pageand check them out. Matt Ellis from Rational Radical joins Karl for a lively discussion about his petition calling out Senator Nick Xenophon for pushing superannuation access as a vehicle for housing affordability. Last week Karl was joined by Jacob Wills (radicalhousingnetwork.org) to discuss the commodification of housing and the protest movement against the international property convention that was just held in London.
On a lighter note, the G20 summit is fast approaching and we highly recommend giving this latest addition of the Rap News a listen.
See you tomorrow evening for Englobo,