Thursday, April 15, 2010

The Housing Debt Mountain

This afternoon Steve Keen commences his long walk from Parliament House to Mount Kosciuszko, turning a losing bet about house prices into a campaign against the mad financing – and daft government policies, like the First Home Owners Grant – that makes housing unaffordable.


(Mount Kosciuszko)


(Mount Debt)

The Brown Couch wishes that the wind is at his back.

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