Chris, maybe we can start on local competition.

Dallas, that is an excellent issue to start on, in fact i cannot think of any issue more important.

I am sort of stumped about how best to fix this one, as many are.

The US tried low interest rates, and gave licence for sub-prime loans; what a disaster. Some market economists have a point in noting the effect of artificially low interest rates, and the need for boom periods to be offset by busts, rather than large scale disasters.

I note that in the 1950s and 1960s, govts even considered importing houses.

Any ideas yourself about how best Aust can meet its housing needs?

I feel the best policy solution will be some king of public-private partnership, yet even this is not working in Australia.

Dallas, misread your past 2 posts.

I am talking about housing, not local competition. Sorry.

However, interested in your thoughts, and any other on this one.

Is that affordable shelter Chris ?

Chris,
It irks me that you summarily disparage theory, as if practice was remote from it, or theory was aloof from practice. If all you're interested in is micro-economic reform and you think that's practice, rather than subservience, I'll leave you to it. The "marriage" of theory and practice is surely more effective than divorce.

Lets play spot the nimby