Strategic Futurists; Value Systems Specialists

Events

Housing Crisis and A Difference to a Difference of Opinion

Friday 3 August 2007

Last night the ABC program 'A Difference of Opinion' looked at the issues of the housing affordability ciris. The panel provided some quality perspectives as to what was causing the challenge and what kind of actions might need to occur in order to address the issue with Ross Gittins' early observation that the debate completely ignored one of the most significant affected groups, 'the renters' as worth the admission price to the debate. And I was left wondering if the assorted suggestions were failing to address a more basic question - 'why exactly do Australian's believe that owning their own home is so important?' It is a question that Sohail Inayatullah's Causal Layererd Analaysis might provide insight to as the 'mythology of home ownership' is placed under the spotlight. A recent Hudson Institute report showed that over the past 30 years in Australia, the capital growth of the average home worth $100,000 in 1970 was about 6.5% per annum. Not much above bank interest on a $100k cash investment. The issue of housing afforability requires more assessment by the futures community. If not, the economists, social advocates and builders might end up debating the wrong issue


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Events

Australian Strategic Planning Institute work shop in Sydney fully booked
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The Australian Strategic Planning Institute Sydney workshop - just four places left
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Financial Crisis 101 - a smart diagram that explains (mostly) it all
Friday 21 November 2008
The link below will take you to a great little diagram that explains the unfolding of the Financial Crisis as most people know of it. As Marcus Barber explains, it doesn't delve too deep into the structural design of the financial system, or start at the 'true beginning' of the problem and it does explain in a very easy to follow way, how certain events occurred and what the results of those events were.
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