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Working paper
This paper is the first stage of research directed ultimately to the analysis of the transaction costs associated with moving for the elderly. It concentrates on the empirical description of the relationship between moving and housing expenditures of the elderly.
Working paper
This paper analyses the achievement of first home ownership among cohorts of women and men who have become adults since the Second World War. It examines the impacts of the housing market and home ownership policies, as well as decisions about marriage and children on...
Working paper
This paper looks at the history of owner occupation in Australia and discusses the costs and benefits - to individuals and to the community.
Working paper
This paper reviews the housing cost data available in Australia, and derives and presents series of real price indexes for 1979-92 and real rent indexes for 1980-92 for most of the capital cities. It shows a dramatic increase in the annual cost of owning relative...
Working paper
A comparison of house prices brought by English auctions and private negotiations produced evidence that the pricing mechanism matters, with the price maximizing choice a function of the level of market interest.
Working paper
This paper reports the results of an econometric analysis of the choice between home owning and renting in Australia.
Working paper
Do housing price fluctuations play an important role in the economic security of retirees, or is housing wealth just a sideshow to the determination of consumption and saving?
Working paper
This project compares the house price profiles before and after the introduction of neighbourhood renewal programs to consider their impact on perceived amenity (as proxied by house prices).
Australian State Housing Authorities have used urban renewal programs to improve housing stocks and...
Working paper
Fixation with home ownership causing economic and social despair
New Zealand’s crippling home affordability rates cannot be fixed by a single solution such as changing immigration policy or urban planning rules, or imposing a capital gains tax or lending ratios.
This is one...
Working paper
We present an empirical model of systemic banking crises from an Australian perspective. Having no history of domestic banking crises in recent history, our quantitative model is estimated using an international panel data set spanning 18 countries and 30 years of observations. We evaluate in...