"Real Estate for Ran$om" - A Real Estate Tale from Down Under

March 19th, 2012
in econ_news

Econintersect: Consider that the pricing mechanism for real estate is broken.  This is the subject of a recently released Australian 40 minute documentary - with contribution from Econintersect contributor Michael Hudson.  This documentary was 5 years in the making.

According to Co-Directors Karl Fitzgerald and Gavin Emmanuel:

We investigate the inefficiencies of the economic system and the impact this has on potential homeowners and small businesses. The documentary argues that with a simpler tax system, entrepreneurs have a better chance to succeed and the average Australian has a better chance of owning their own home.

What role did real estate play in the crashing of the global economy?

Follow up:

Steven Hansen

source: Real Estate 4 Ransom

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