Housing Affordability POLICy
A major topic in our current political discourse is Australia's housing affordability issue.
For the party he was running for a NSW Senate spot in the 2022 Federal election, Dr Steve Keen produced 'two-pronged' affordable-housing policy.
Later he provided me with the source document - without the party branding - as I offered to share it with policy people whom I know. I edited the policy document to make it more 'user friendly' as the original was very technical, and have attached the result (which I've since shared with Steve).
Steve's policy approach tackles the key political 'conundrum' associated with making housing affordable for all, in particular the young, when two thirds of the population are owner-occupiers.
I think it is an excellent example of how applying an accurate understanding of money, debt and the monetary system - i.e adopting an MMT lens - opens the ‘policy space’ for innovative policies to address seemingly intractable societal issues.
Btw if you'd like to listen to Steve discuss his 'two-pronged' policy approach, two of his 'Debunking Economics' podcast episodes from February 2022 cover his policy; (Btw Steve's Debunking Economics co-host Phil Dobbie presents NAB's daily Morning Call podcast):
How to burst the housing bubblehttps://shows.acast.com/debunkingeconomics/episodes/how-to-burst-the-housing-bubble
Time for a monetary reset?https://shows.acast.com/debunkingeconomics/episodes/time-for-a-monetary-reset You can download PDF copy of the housing affordability policy here Tom Foster EcoProsper Consulting
For the party he was running for a NSW Senate spot in the 2022 Federal election, Dr Steve Keen produced 'two-pronged' affordable-housing policy.
Later he provided me with the source document - without the party branding - as I offered to share it with policy people whom I know. I edited the policy document to make it more 'user friendly' as the original was very technical, and have attached the result (which I've since shared with Steve).
Steve's policy approach tackles the key political 'conundrum' associated with making housing affordable for all, in particular the young, when two thirds of the population are owner-occupiers.
I think it is an excellent example of how applying an accurate understanding of money, debt and the monetary system - i.e adopting an MMT lens - opens the ‘policy space’ for innovative policies to address seemingly intractable societal issues.
Btw if you'd like to listen to Steve discuss his 'two-pronged' policy approach, two of his 'Debunking Economics' podcast episodes from February 2022 cover his policy; (Btw Steve's Debunking Economics co-host Phil Dobbie presents NAB's daily Morning Call podcast):
How to burst the housing bubblehttps://shows.acast.com/debunkingeconomics/episodes/how-to-burst-the-housing-bubble
Time for a monetary reset?https://shows.acast.com/debunkingeconomics/episodes/time-for-a-monetary-reset You can download PDF copy of the housing affordability policy here Tom Foster EcoProsper Consulting