Bursting our housing bubble

Are we in a housing bubble or aren’t we? Economists may disagree on this but economic theory has a lot to say about the price hikes and consumer behaviour that define bubbles. Timo Henckel explains that when it comes to starting housing bubbles, we’ve only got ourselves to blame.

Also today some news about The Conversation. On Friday the acting chairman of our board, Joe Skrzynski, announced that Andrew Jaspan, co-founder and editor, is resigning to take up a new position at RMIT. Andrew leaves behind a legacy of extraordinary achievement: he created The Conversation and put together the team that turned it into a global media network, with sites in the UK, US, Africa, and France, as well as a Global operation and more launches imminent. The senior managers who joined Andrew to launch and build TC will now continue this work, led by Chief Operating Officer, Lisa Watts, and me.

We wish Andrew all the best in his new role.

Misha Ketchell

Managing Editor

Top story

Rapid rise of Australian house prices have created disagreement between economists on whether a housing bubble currently exists. Brian Birdwell/flickr

What economics has to say about housing bubbles

Timo Henckel, Australian National University

Economists struggle to agree on when and where housing bubbles occur, but bubbles all have similar characterisitics.

Politics + Society

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    Wendy Steele, RMIT University; Karen Hussey, The University of Queensland; Stephen Dovers, Australian National University

    Critical infrastructure is our means of survival as an urban species. So, we must identify what is critical, for whom and how it might fail us.

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    Piers Gooding, University of Melbourne

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    Danielle Logue, University of Technology Sydney

    Impact investments are designed to achieve a measurable social or environmental – as well as financial – return.

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