Blogotariat

Oz Blog News Commentary

Articles from Prosper Australia

By Michael Bleby

April 10, 2019 - 15:37 -- Admin

By Michael Bleby, Snr Report, Australian Financial Review The number of vacant investor-owned properties in Melbourne remains high, with as many as 16.2 per cent homes sitting empty, according to the latest Speculative Vacancies report based on 2017 water usage data. The proportion of investment homes using less than 50 litres per day – equivalent […]

Vacancies to rise in a falling market

April 10, 2019 - 15:37 -- Admin

Cross-posted from the AFR’s Michael Bleby. The number of vacant investor-owned properties in Melbourne remains high, with as many as 16.2 per cent homes sitting empty, according to the latest Speculative Vacancies report based on 2017 water usage data. The proportion of investment homes using less than 50 litres per day – equivalent to the […]

Speculative Vacancies 9 – Impeding the market

April 9, 2019 - 06:00 -- Admin

Key recommendations Water data indicates 60,901 residential properties were vacant in 2017 at a rate of 3.9%. Absolute vacancies using zero litres of water revealed 21,326 residential properties at 4.6% of the rental market. Up to 16.2% of investor owned rental properties were potentially vacant. Absolute vacancies had the potential to add 17.3% to housing […]

Speculative Vacancies 9 – Impeding the market

April 9, 2019 - 06:00 -- Admin

Key recommendations Water data indicates 60,901 residential properties were vacant in 2017 at a rate of 3.9%. Absolute vacancies using zero litres of water revealed 21,326 residential properties at 4.6% of the rental market. Up to 16.2% of investor owned rental properties were potentially vacant. Absolute vacancies had the potential to add 17.3% to housing […]

The Monthly Discussion in February – Should we protect free trade?

February 1, 2019 - 14:01 -- Admin

  What: Discuss + Debate + Drinks + Pizza When: Wednesday, February 27 Time: 6pm Cost: Free Join us for our Monthly Discussion of 2019 on the last Wednesday of every month. We’ll be talking politics, economics, justice, resource stewardship and taxation through a Georgist lens. Discussions are structured around a topic, an article, or a guest speaker. Information […]

Will Rents rise under Labor?

January 30, 2019 - 16:55 -- Admin

The proper function of the property industry is to keep the productive economy housed as cheaply as possible, so that investment in future production is not crowded out by the cost of occupying space — that is, by the cost of mere existence. To serve this purpose, the property industry must itself be productive — by […]

Media Release: The Economy Made Easy

January 18, 2019 - 10:39 -- Admin

Real estate cycle expert Bryan Kavanagh says turnover and price declines in Sydney and Melbourne during 2018 indicate an economic recession in the 2019-20 financial year. The 2018 “Kavanagh-Putland Index”, released today, shows the total value of Australian real estate sales to GDP. Mr Kavanagh said the $50 billion pumped into markets by the Rudd-Swan […]

The Economy Made Easy

January 18, 2019 - 06:28 -- Admin

Bryan Kavanagh’s new report on the state of the real estate cycle, in light of the latest Kavanagh-Putland Index. The Economy Made Easy from Prosper Australia Background – See the latest edition of Progress where Bryan includes his findings in ‘The Truth About High Land Prices‘.

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