Housing Affordability, The Great Real Estate Rip-Off, and Entrenched Government Failures

This is so hilarious, I have to run it by you all -- according to this article , a BIGGER supply of housing will lead to higher house prices, AND a tight supply of houses also leads to higher pri...

http://housingaffordability.blogspot.com/2011/01/all-housing-supply-conditions-lead-to.html

Can anyone work out WTF the ALP were thinking making Wayne Swan Treasurer? > "However, it is the considered position of the Treasurer and the > Treasury that our housing market ...

http://housingaffordability.blogspot.com/2010/12/can-anyone-work-out-wtf-alp-were.html

Ever wonder why negative gearing benefits are unassailable to the ALP? Or why their response to a housing bubble is to increase the First Home Owners Grant to a boost? Why none of their pronounce...

http://housingaffordability.blogspot.com/2010/09/more-alp-corruption-and-betrayal-of.html

AUSTRALIAN BAILOUT OF DODGY BANKS (and I thought we were 'decoupled' from the international maelstrom in the US, UK and now Europe) The Australian Federal government is doing its very own versi...

http://housingaffordability.blogspot.com/2008/09/couple-of-announcements.html

With regard to watching the housing 'boom' unfold without oversight, disenfranchising the next generation, we can only accuse governments of callousness and indifference, if not rampant profiteer...

http://housingaffordability.blogspot.com/2007/12/opening-statement-concerning-failure.html

There have been a number of secular trends in recent decades around household formation and income which have combined to drive up housing prices excessively, and, I hope, unsustainably. These in...

http://housingaffordability.blogspot.com/2008/12/causes-of-housing-boom.html

My policy suggestions designed to make housing more affordable in Australia and limit the effects of a rapacious, destructive boom include (and are by no means limited to): requirement of at le...

http://housingaffordability.blogspot.com/2008/12/policy-suggestions-for-more-affordable.html

> Even though home prices have stopped rising in most parts of the > country, household debt continues to grow. >  > The ratio of household debt to income has reach...

http://housingaffordability.blogspot.com/2007/12/is-household-debt-getting-worse.html

Thanks, Steven Keen... A lose-lose election for home buyers - Business - theage.com.au

http://housingaffordability.blogspot.com/2007/12/lose-lose-election-for-home-buyers.html

Quelle surprise: > SYDNEY'S Bible belt is known for its McMansions, aspirational voters > and enthusiastic church-goers. But the conservative, affluent Hills > District is ...

http://housingaffordability.blogspot.com/2007/11/mortgage-stress-may-be-behind-bible.html

> SYDNEY'S two-speed property market could continue this year as > mortgagee-in-possession sales drag down the lower end of the market. >  > An Australian Property Monitor...

http://housingaffordability.blogspot.com/2007/11/tale-of-two-sydneys-as-property-divide.html

hmm, Jess Irvine hasn't done a market-pumping piece funded by the REI for a change -- remarkable... As per the article, if politicians want policy suggestions, just come to this site. They are lo...

http://housingaffordability.blogspot.com/2007/10/sydney-not-alone-in-seeking-housing.html

THE rental crisis is having negative psychological effects on tenants, with a growing number reporting rent-associated depression and anxiety. About one in three Australians rent and the survey ...

http://housingaffordability.blogspot.com/2007/10/rent-crisis-taking-psychological-toll.html

There you have it -- the banks opened up the credit floodgates 5 years ago, precipitating the boom, and now it's come full circle -- massive levels of foreclosure, housing inflation, indebtedness...

http://housingaffordability.blogspot.com/2007/09/credit-squeeze-hits-aussie-banks.html

So cheaper Victoria is pulling ahead of property price-gouging NSW -- and yet heightened demand in Victoria isn't escalating house prices through the roof! Very interesting. > NSW is losing ...

http://housingaffordability.blogspot.com/2007/08/victoria-pulls-ahead.html

Those hard-working pollies who 'manage the economy' (or so they keep telling us) are at it again, fixing up the housing affordability problem. Anyone would think they just swanned around for a li...

http://housingaffordability.blogspot.com/2007/08/housing-affordability-hits-new-record.html

More on the housing/renting/apartment overcrowding debacle -- this is what happens when you leave housing in a capitalist free market with laissez-faire politicians 'running' the country -- out a...

http://housingaffordability.blogspot.com/2007/08/tens-company-what-rental-squeeze-means.html

> HOME ownership has become an unattainable dream for many low- to > middle-income earners in Australia, a new report has found. >  > The Beyond Reach report, undertaken...

http://housingaffordability.blogspot.com/2007/08/home-ownership-now-unattainable-dream.html

A nice summary article on the speculative real estate market: Why is housing so expensive?

http://housingaffordability.blogspot.com/2007/07/why-is-housing-so-expensive.html

A great public service article on Neil Jenman's website (www.jenman.com.au), written by Terry Ryder. A fantastic synopsis, well worth reading in its entirety: > It's almost tragic watching ...

http://housingaffordability.blogspot.com/2007/07/politics-of-affordability.html

A reasponable attempt at an analysis of the boom. I particularly like the reference to the stupidity of the sheeple in the following opening quote: > It happens after every housing boom -...

http://housingaffordability.blogspot.com/2007/07/housing-illusion-we-buy-every-time.html

Enough said. (And Jessica Irvine at the SMH is not running a RE industry market-pumping story for a change, very strange, what could have lead to this change of heart?) > MORE than a third ...

http://housingaffordability.blogspot.com/2007/07/mortgage-stress-to-hit-home-at-election.html

Is this somehow connected to the housing boom that the politicians are so earnestly wringing their hands about in Darwin at the Premiers Conference? What to do, what to do? > THE mortgage str...

http://housingaffordability.blogspot.com/2007/07/home-loans-on-tap-no-deposit-no.html

SOARING housing costs are squeezing family budgets in Sydney, even though incomes in the city are higher than almost everywhere else in the country, figures from the 2006 census show. Mortgage r...

http://housingaffordability.blogspot.com/2007/07/housing-costs-squeeze-budgets.html

Here comes the fallout from easy credit and borrowing — see the following post concerning the increasing number of foreclosures taking place. > The Bank for International Settlements, th...

http://housingaffordability.blogspot.com/2007/07/bis-warns-of-great-depression-dangers.html