FET #7: Local relevance syndrome

Fresh Economic Thinking

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FET #7: Local relevance syndrome

Why are local political opponents blamed for global trends? Current rental market dynamics are one such trend. Also, Mr 283, the whinging landlord with 283 properties.

Cameron Murray

Aug 31, 2022

In our barney of the week, we talk about queuing for rentals in Ireland. A viral photo triggered widespread blame on local tenancy law changes. But hot rental markets are a common trend globally in 2022 as all markets readjust from the COVID years.

We talk about Mr 283, the whinging landlord with 283 properties who thought it wise to call talkback radio to complain about a proposed rent freeze. What’s that all about?

Also, we reflect on that time Paul Keating said that the superannuation system can’t function as a national insurance system for the elderly and proposed a better age pension. What the?

Don’t miss this recent substack post about income smoothing referred to in this conversation.

Fresh Economic Thinking

Another superannuation lie

Here’s a look at my super balance from a month back. In the past couple of years, next to nothing but fees and losses. I could have used the extra money in the two years, with a young family and a mortgage. I am in my peak spending years, but not yet in my peak earning years…

3 years ago · 7 likes · 6 comments · Cameron Murray

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Theme music: Happy Swing by Serge Quadrado Music under Creative Commons Licence CC BY-NC 4.0

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Fresh Economic Thinking

FET #7: Local relevance syndrome

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