The claim that a carbon price will cause house prices to rise by $6000 is crap, writes environmental consultant Ben Rose.
Homebuilding
Australia: home of the McMansion
Australians live in the largest homes on earth, according to new ABS data, which has found the average new Aussie home now has a floor space of 214.6 square metres — 7% bigger than in the US and triple the UK.
ABS figures show the building boom is alive and growing
The 4.25% cut in interest rates and the first home buyer/builders grant continues to feed the rebound in home construction.
Would you live in a house made of shit?
It’s 20% lighter and 20% stronger than clay bricks, prevents the environmental damage of digging up clay, reduces carbon emissions and increases the income of local farmers… but it’s made from poo.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
