Saturday posts worth looking at
Things Real People Don’t Say About Advertising.
Bruce Schneier on bomb sniffing mice.
John Adams on the need for a Cream Buns Act.
How to say nooooooooo!
Australia’s expensive housing, the same reason for the UK’s expensive housing – planning.
New York Times – Smokers denied jobs – the new minority?
Spiked! – Facebook makes you mentally disturbed.
Discovery Channel – Squid aggression based on female pheromones – So can us men blame the fairer sex for our aggression?
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February 12, 2011 at 17:58 -
Australia’s overpriced housing is something I’ve been trying to suss out for a while now. I wouldn’t claim I’ve got to the bottom of it but I’m convinced planning is a big part of it. But there are also tax issues, a lot of vested interests who’d be hurt badly by a collapse and so spend a lot of time talking the market up, and related to that, a lot of talk of a shortage in housing stock which may in fact be entirely mythical. All I’m really sure of is that there’s no good reason for house prices to be this high in one of the largest and emptiest nations in the industrialised world, and that it can’t last indefinitely. Some say it’s already hit the buffers and is going to rebound in a big way soon.
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