RP Data’s Tradeable Australian House Price Index

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RP Data has just released a dai­ly index of Aus­tralian house prices which is designed to be trade­able on the ASX. I expressed my scep­ti­cism about this prod­uct on PM last night (the audio is below; the tran­script is avail­able here).

Steve Keen’s Debt­watch Pod­cast


The many hedge funds that have been look­ing for a way to short the Aus­tralian prop­er­ty mar­ket now have a vehi­cle. Of course, I would sug­gest care­ful assess­ment of the counter-par­ty risk before tak­ing advan­tage of it!

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.