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Articles from Prosper Australia

Why housing supply starts when speculation ends

November 14, 2023 - 13:11 -- Admin

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 landbanking, incentives for landbanking, the relationship between landbanking and housing supply, and methodological issues in […]

How I learned to stop worrying and love land value uplift

October 17, 2023 - 17:07 -- Admin

Presentation to the Planning Institute of Australia’s Victorian Conference, October 13, 2023 Today I want to take you on a rapid intellectual journey, a therapeutic crash-course, to convince you all to stop worrying about housing affordability – and instead, to learn to love high land values. Land takes the gains… Riddle me this: When planners […]

In Australia, why do people who produce nothing get rewarded the most? – Waleed Aly

September 14, 2023 - 17:26 -- Admin

If we’re going to have to rethink our tax system, rent-seeking seems a good place to start. Perhaps if we taxed productive profit less than its unproductive counterpart, we’d have the seedlings of a system better designed to meet what the Intergenerational Report warns us is coming.

Land Ownership Makes No Sense

July 25, 2023 - 09:57 -- Admin

by Jehan Azad & Uri Bram Wired Magazine (published May 4, 2023). Reprinted with permission. “There’s no such thing as a good landlord” is a rallying cry of angry renters. In the future, it might be conventional morality that it’s simply wrong to own land. In our times, owning land seems as natural as owning […]

The Great Australian Nightmare

July 24, 2023 - 14:16 -- Admin

by Brendan Coates Economic Policy Program Director, Grattan Institute This is an edited version. Full transcript availble from the Grattan intstitute. Upstream from the Great Australian Nightmare of worsening housing affordability – and all the downstream consequences it is creating in our society – sits our longstanding intellectual neglect of the economics of land.  For […]

Speculation, housing supply and prices

July 24, 2023 - 13:04 -- Admin

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 as it sees fit. What is the public interest in these private decisions? Why do […]