The algorithms are stalking me!

// Somehow, the promise has been betrayed. Just what was society - the economy - and indeed, the housing market - meant to deliver. What was the promise? Has it been betrayed?

Introduction

This article is based on a lot of reflection over the years on housing affordability, and talks I have previously given.

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Hockey's budget has come out to a mixed reaction. Some say the budget is destroying what Australia is, some say it is a needed reaction to a financial crisis. Here's my thoughts - necessarily wide ranging. I'll look at several viewpoints : "Not a crisis justifying dramatic action", "Georgist", "Asset Problem", "Debt / Financial Instability".