will he ever learn

One of the most outspoken sceptics of Australian property prices has launched a new effort to raise awareness of crazy housing prices and policies.

In an effort to turn losing a bet about a local housing bubble into winning more followers, University of Western Sydney associate professor of economics Steve Keen has unveiled keenwalk.com.au.

The site will highlight the 224 kilometre journey on foot from Parliament House in Canberra to Mount Kosciuszko in the Snowy Mountains he is making in April, after losing a wager with Macquarie Bank analyst Rory Robertson that home prices would fall 40 per cent from peak to trough in a year.

Professor Keen will wear a t-shirt with the words, I was hopelessly wrong on house prices. Ask me how.