Recently I made this reply to an article by Lindsay David and received an answer from Karl Fitzgerald.
FRANK: If there is an under supply of Perth housing why has the rental vacancy rate increased a lot in recent months, not to mention housing inventory on the market plus commercial real estate? Perhaps things changed rather rapidly since the “mining boom” and your sources may no longer be current.
KARL: Fair call Frank. Rents seem to be falling, thats the important precursor to lower house prices. But will the market follow logic?
Next I read an article about Henry George, who was praised by Einstein for his proposal to tax only land values (but not land development) plus resources and special licenses like communications and remove all other taxes on production, labour, enterprises, innovation, artists, goods and services and perhaps pensioners who can't pay their land tax. This is to curtail the predations of the Rentier Class and encourage production and all other activities from which we may all benefit and so that noone gets a free lunch. Also the Oligarchs bribe politicians and it goes on and on.
I was familar with prosper.org, but now understand that Karl, who runs the site is the only person on a full time salary for this NGO which advances the work of Henry George and the right of every Australian to own their own home.
But lucky for this site about past lives Karl is the spitting image of Henry and now holds his office, so he now joins Cristina de Kirchner / Evita and quite a few in my museum of Reincarnation.
I wrote the song Kennst du das Land after the poem by Goethe for Jane in Africa whom I sent most of my father's inheritance and she is now farming there. That keeps it out of Australian low interest bank accounts, the bloated share market, inflated real estate prices and stops my bank from lending the money to some unfortunate victim. It also helps the poor with growth in Kenya approaching 6% and ours one third of that and shrinking. Just a simple investment in a tractor in Kenya can increase productivity many times, but we are engorged like pigs at the trough with a stock market which does not reflect fundamentals in main street and Real Estate is much the same. Nor do houses produce anything.
So there is a land connection with Jane and Karl and because it took me 40 hours to write, I used the song twice. However Karl deserves a Song Cycle or Symphony for the great work that he is doing, much of which finds it's way to parliamentary hearings. Of course Tony Abbot and Joe Hockey are economically illiterate. Either that or they also received direct visits at their doorstep from six of Australia's 10 richest as did former Independent MP Rob Oakshott.
Kennst du das land von Frank Reitzenstein und Johann Wolfgang von Goethe
Mignon's LongingYou know that land where lemon orchards bloom,
Its golden oranges aglow in gloom,
That land of soft wind blowing from blue sky,
Where myrtle hushes and the laurel's high?
You know that land?
That way! That way
I'd go with you, my love, and go today.
You know that house, its roof on colonnades,
The halls agleam, the rooms of gems and jades?
The marble statues eying all I do:
"Oh wretched child, what have they done to you?”
You know that house?
That way! That way
I'd go with you, my guardian, today.
You know that mountain and its clouded peak?
The path through mist that hooves of donkeys seek?
In caves the ancient dragon-spawn now rove.
The rocks loom high, and rivers burst above.
You know that place?
That way! That way,
O Father, lies our path! Let's go today!
Mignons SehnsuchtKennst du das Land, wo die Zitronen blühn,
Im dunkeln Laub die Gold-Orangen glühn,
Ein sanfter Wind vom blauen Himmel weht,
Die Myrte still und hoch der Lorbeer steht?
Kennst du es wohl?
Möcht ich mit dir, o mein Geliebter, ziehn.
Kennst du das Haus? Auf Säulen ruht sein Dach.
Es glänzt der Saal, es schimmert das Gemach,
Und Marmorbilder stehn und sehn mich an:
Was hat man dir, du armes Kind, getan?
Kennst du es wohl?
Möcht ich mit dir, o mein Beschützer, ziehn.
Kennst du den Berg und seinen Wolkensteg?
Das Maultier sucht im Nebel seinen Weg;
In Höhlen wohnt der Drachen alte Brut;
Es stürzt der Fels und über ihn die Flut!
Kennst du ihn wohl?
Geht unser Weg! O Vater, laß uns ziehn!
Painting by Frank Reitzenstein
...and his other lives.