Rabu, 14 April 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.