Odd way to fix housing crisis proposed by Aus. Gov’t: invest in stocks first w/ Dr Cameron Murray, Sydney Uni.

<p>The Australian Government has been having trouble getting its proposed Housing Australia Future Fund (HAFF) passed by the Senate. The policy looks odd. With some justification, the Australian Greens have commented: “In its current form the Housing Australia Future Fund (HAFF) legislation will see the housing crisis get worse. We can't fix the housing crisis by gambling money on the stock market and not guaranteeing a single cent will be spent on housing.” In their dissenting report on the bill, the Greens’ cited the views of this episode’s guest, Dr Cameron Murray. Cameron is a Post-Doctoral Researcher at the Henry Halloran Trust at the University of Sydney. </p><p>Please get in touch with any questions, comments and suggestions by emailing us at <a href="mailto:contact@economicsexplored.com">contact@economicsexplored.com</a> or sending a voice message via <a href="https://www.speakpipe.com/economicsexplored">https://www.speakpipe.com/economicsexplored</a>. </p><h3>About Dr Cameron Murray</h3><p>Dr Cameron Murray is Post-Doctoral Researcher at Henry Halloran Trust, The University of Sydney. He is an economist specialising in property and urban development, environmental economics, rent-seeking and corruption.</p><p>Book: <a href="https://amzn.to/42PLCz8">Rigged: How networks of powerful mates rip off everyday Australians</a></p><p>Website: <a href="https://fresheconomicthinking.substack.com/">https://fresheconomicthinking.substack.com/</a>  </p><p>Twitter: @drcameronmurray </p><p><strong>What’s covered in this bonus episode</strong></p><ul><li>Cameron’s submission to the Senate Inquiry into the Housing Australia Future Fund Bill [2:39]</li><li>What’s going on with the Housing Australia Future Fund [5:02]</li><li>The only reason you can make a premium is if you take risk [8:57]</li><li>Why you need to separate the funding and the spending [10:36]</li><li>Why doesn’t the Future Fund just directly invest in new houses? [14:21]</li><li>How governments are increasingly doing financially tricky things that don’t mak