Page 12 - Christopher Joye News Today : Breaking News, Live Updates & Top Stories | Vimarsana

All of which is to say that, while we might be experiencing record low inflation, we are not experiencing slow housing price growth. Thus it was rather odd that Christopher Joye in the Financial Review last week would suggest that “contrary to popular myth, there is no housing affordability crisis. Quite the opposite, in fact: housing has not been this affordable in a very long time”. Joye is right to acknowledge the cheap interest (and government inducements) are allowing first homebuyers to borrow and get into the market. But just because low interest rates are making it more attr...

Winners and losers of an annus horribilis The greatest legacy of COVID-19 may be that it has united a divided liberal-democratic order in recognition of the threat of an autocratic superpower. Share As difficult as 2020’s annus horribilis has been – a year in which we’ve all lost out, one way or another – the winners have been human ingenuity, those who can predict policy endogeneity and, perhaps ultimately, democratic capitalism as a business model relative to the ascendant alternative of autocracy, which is being forced into autarky. When SARS-CoV-2 first emerged, almost all the exp...