Daily Archives: January 22nd, 2008

Letter to the Canberra Times – 22nd Jan

Greg Roberts article in CT Jan 21st on housing affordability, and your editorial on stopping inflation are related. In Australia too much money chasing housing is both helping cause inflation and causing house prices to become unaffordable. The amount of money created for house loans in November 97 was 22 billion dollars. Of this 20 [...]