%T Agglomeration effects and housing market dynamics %A Christian Nygaard %A Sharon Parkinson %A Margaret Reynolds %I Australian Housing and Urban Research Institute %D 2021 %K Affordable housing, %K Housing markets, %K Population growth %U https://apo.org.au/node/314422 %X This research quantifies productivity-related agglomeration benefits arising from the concentration of employment in Australia. While agglomeration provides a policy rationale for densifying cities and concentrating employment, it also leads to higher house prices, which reduce entry and ongoing affordability, greater pollution and other wellbeing detriments such as crime, crowding and noise. %9 Report