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Smith's rent gap theory of gentrification has inspired a substantial amount of critical attention as well as several empirical studies. None of these studies addresses a fundamental problem with the rent gap hypothesis - namely, its dependence on a distinction between actual and potential land...
This paper reports the results of an econometric analysis of the choice between home owning and renting in Australia.
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...
This report addresses two questions. First, did the tax and subsidy changes in Australia, Sweden and the US increase or decrease the efficiency of the allocation of capital among business uses and housing and within the housing stock? Second, did the changes alter the incentives...
Bourassa and Hendershott use data from the 1986 Income Distribution Survey in Australia to argue a case for the taxation of imputed rent on owner occupied housing.