For many years the public debate about housing seemed amiss. Astray.
Hijacked, perhaps?
After two decades of trying to understand housing markets—from investing and working in property development to feeling the pressure of rising rents first-hand, and undertaking academic research—I have finally documented fully what I have learnt.
If you want to understand housing markets and why everyone claims to want affordable housing, but no one wants low housing prices, this book is for you.
Do we really want our $10 trillion housing market to be worth a lot less? Or are politicians forced to pretend to want lower home prices?
And what policies actually work to provide cheap and secure housing options given the economic forces at play in housing markets?
Maybe there are lessons from history and from abroad.
Upcoming in-person events for The Great Housing Hijack (release date 27th Feb):
Melbourne: 20th March, 12.20pm, John Cain Luncheon with Per Capita
Canberra: 21st of March, 6.30pm hosted by The Australia Institute
Here’s what Ross Gittins had to say about The Great Housing Hijack.
If you’re not sure you believe the official story of why house prices and rents are so high, read this.
Here’s Michael Pascoe.
The vast majority of what is written and said about Austral- ian housing is either nonsense, property porn, clickbait or lies, all more-or-less to the benefit of interests vested in maintaining the status quo of ever-more expensive shelter with all the social damage that causes. Cameron Murray’s The Great Housing Hijack is the exception that proves the rule – the only book you need to understand the giant con we have fallen for. Nobody escapes unscathed. Read it.
And here is Greg Jericho.
Cameron Murray unpicks Australia's housing market stitch by stitch and reveals the myths, falsehoods and vested interests that underpin the housing debate. His work uses extensive research to shine a light on an issue many in politics, academia and the media prefer to keep opaque. He challenges long held opinions and brings a context that too often is missing from how we talk about housing.
The book will be widely available. If you see it at the airport, I highly recommend you buy it to have an entertaining and productive flight!
Here’s where you can order now:
International buyers should be able to order the ebook now, and the physical book in the coming weeks.
Paid subscribers/members of Fresh Economic Thinking will be able to access the audiobook at the FET podcast later in the year.