Cross-posted from Prosper.org.au, by Karl Fitzgerald, February 6th 2016
You’d have to be have been living under a rock to have missed the widespread consternation about the role of foreign investment (read foreign ownership – a crucial distinction) in Australian domestic real estate over the last few years. In … Read more
Like all marketing exercises, real estate is primarily sold by exploiting our fears. In order to exploit our fears, marketers must first stoke fears. And the stoking of fear requires one or more invented problems, which we must be taught … Read more
The fate of the last three prime ministers is intimately linked to their failure to explain the rapidly changing economic fortunes of this country.
Australia’s multi-decade boom in living standards is now confirmed as over. All the economic indicators and … Read more
Following my recent article on Australia’s epic housing bubble, (and the unavoidable conclusion that the only way to restore affordability is for the market to experience the inevitable crash that follows a bubble of such historic proportions), I submitted an … Read more