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The population-house price myth, according to Steven Keen

Posted By Prieur du Plessis On June 13, 2011 @ 9:10 am In Economy,Housing | 1 Comment


The property lobby consistently argues that the driving force beneath rising house prices is a rising population. Even a cursory examination of the data shows that this is not true, argues Steven Keen, associate professor of economics and finance at the University of Western Sydney. The real force is accelerating mortgage debt, as he explains in the video below. (Read more about Keen’s views on his DebtWatch [1] blog.)

Source: YouTube [2], June 9, 2011(hat tip: Financial Doom Blog [3]).

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail. [4]

More on this topic (What's this?) [5]
Market Update May 9, 2011 [6] (Dividend Stocks, 5/9/11)
9 Stocks Trading Under $7 With Monster Upside Potential [7] (Investment Underground » Page n..., 6/10/11)
Guru Investing: 9 Jeremy Grantham Buy Ideas [8] (Investment Underground » Page n..., 6/9/11)
Read more on Mandarin Entmt [9], Mortgage debt [10] at Wikinvest [11]

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URLs in this post:

[1] DebtWatch: http://www.debtdeflation.com/blogs/

[2] YouTube: http://youtu.be/x5OfJLwPER4

[3] Financial Doom Blog: http://marcfaberchannel.blogspot.com/

[4] Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.: http://www.feedburner.com/fb/a/emailverifySubmit?feedId=921608&loc=en_US

[5] (What's this?): http://www.wikinvest.com/blogger/wikinvest_wire

[6] Market Update May 9, 2011: http://www.mydividendstocks.com/2011/market-update-may-9-2011

[7] 9 Stocks Trading Under $7 With Monster Upside Potential: http://investmentunderground.com/2011/06/10/9-stocks-trading-under-7-with-monster-upside-potential

[8] Guru Investing: 9 Jeremy Grantham Buy Ideas: http://investmentunderground.com/2011/06/09/guru-investing-9-jeremy-grantham-buy-ideas

[9] Mandarin Entmt: http://www.wikinvest.com/stock/Mandarin_Entmt_(HKG:9)

[10] Mortgage debt: http://www.wikinvest.com/wiki/Mortgage_debt

[11] Wikinvest: http://www.wikinvest.com

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