In this paper, the authors build a general equilibrium overlapping generations model with heterogeneous agents to study the welfare implications of housing investment tax concessions in the Australian housing market.
This paper outlines the background and methodology of a study concerning the housing and work situations of low and moderate income 'key workers' in the health, transport, hospitality and finance sectors.
Renters are on the frontline of the coronavirus pandemic. Many are losing their incomes, and some are scared of being forced out of their homes. Welfare increases have given many Australians badly needed relief. This year's Rental Affordability Snapshot shows that the private rental market...
In this research paper, Dr Jenny McArthur proposes a package of solutions to disrupt the speculative cycle, safely lower housing prices, and boost alternative housing provision to meet the diverse needs of New Zealanders.
This report provides further information in relation to a list of policy, regulatory and market tools developed to assist territorial authorities who may wish to stimulate the supply of affordable housing within their jurisdictions.
This paper examines how monetary policy affects housing prices across local areas. It also explores three related questions - How differently do housing prices respond to monetary policy across areas? What can explain these differences across areas? Does monetary policy cause changes in the housing...
What are the effects of residential building energy performance disclosure policies on property values?
A rapid systematic review of international academic literature suggests that home buyers typically value a more energy efficient home, and when presented with easily accessible information in the form of an energy performance rating, are willing to pay more to live in one.
This paper analyses the relationship between local area housing and population size and migrant-status composition, using population data from the 1986–2013 New Zealand Censuses, house sales price data from Quotable Value New Zealand, rent data from the Ministry of Business, Innovation and Employment, and building...
The authors show that price levels defined by postcodes within a city gloss over important price variation driven by relative location. Relative location as in proximity to subway, parks and services turn out to be the major price determinant within a city. This insight can...
Homelessness is entrenched and many Australians face overwhelming housing costs, yet housing policy has slipped off the political agenda. In this discussion with Peter Clarke, housing specialists Wendy Stone and Peter Mares trace the rise and fall of housing policy in Australia, and how the...