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The most important piece of stimulus pertaining to the housing market was the $21,000 boosted first home buyer grant, announced in October 2008. Steve Keen's bad calls and predictions 01 - In 2006, Keen said we may already be in a recession (we weren't) 02 - In 2006, Keen said Australia's...

Rudd's fiscal stimulus package had already been announced when Keen made his 40% crash bet with Rory Robertson. Also Keen expected even more monetary stimulus than we actually got (he predicted ZIRP by 2010). So the govt and CB reactions were either known or predicted ('over-predicted') by...

In 2008, Steve Keen said interest rates would fall to zero by 2010 and 'The Bubble' would pop with a 40% crash. Now he says rates will fall to 2% and this will keep 'The Bubble' going? Sydney house prices are up about 60% since Steve Keen sold his Sydney home in 2008 on the expectation of a...