Fellow Georgist and true-blue Aussie Karl Fitzgerald has released a report entitled Speculative Vacancies in Melbourne. You can view the report by clicking on the link below.
“64,465 properties were potentially unused over the study period, having consumed less than 50 litres of water a day, and 12,691 properties did not use any water, and were demonstrably unoccupied.”
Karl also sat down with David Collyer, policy director at Prosper Australia, during the latest installment of the Renegade Economist podcast. They discuss slashing Australian interest rates and ratcheting up land prices, among other topics.