Just in case you’re not convinced that the Australian economy is propped up by a housing bubble but you have a basic understanding of economics, this post by Prof. Keen will set you straight:

https://www.patreon.com/posts/how-to-make-1-140456082

If you are interested in solutions to make housing affordable again without tanking the national economy and you have a basic understanding of economics, this following post will give you what you need:

https://profstevekeen.substack.com/p/remedies-for-ridiculous-house-prices

If you are a newbie to economics and need help to understand what the good Professor is talking about, I urge you to read Cory Doctorow (@pluralistic ) who will break it down for you without economic mumbo-jumbo. I guarantee that the light bulb will tilt above your head and you’ll wonder: If it is that simple and equitable and safe to resolve our housing issue, Why aren’t politicians doing it? A good question, and one you should take at your next opportunity to the ballot box.

https://pluralistic.net/2025/10/13/castles-not-assets/#steve-keen

#Auspol #HousingCrisis #HousingBubble #BiPartisanPolicies #Economics101 #RealEstateConJob #HousingAsAnInvestment #Banking #MMT #Labor #AlboPM #JimChalmersMP #ClareO'NeilMP