This research developed a housing need simulation to quantify the need for affordable housing and identify the supply required to meet the demand for housing. This information is important for resource allocation, market monitoring, setting affordable housing targets, housing assistance budgeting and evidence for affordable...
This report examined the notion of an efficient housing market and identified key indicators of housing system efficiency, responsiveness, and risk. It examined implications of particular housing supply settings and outcomes to understand economic productivity and participation at regional and local scales.
The purpose of this thesis is to develop an agent-based model (ABM) of a metropolitan housing market. An ABM is a computational model where the micro-level behavior of agents is simulated in order to analyse macro-level emergent phenomena.
The study examines whether the diminishing supply of affordable housing options for lower income central city workers is having an impact on central city businesses and on the overall productivity of those economies.
Secure and affordable housing is fundamental to the wellbeing of all Australians. It provides a platform for many of life's benefits, including stable employment, connection to the community and a sense of home. Unfortunately, many Australians are not able to access affordable, suitable housing with...
This thesis develops a beta version of a new agent-based model of the Danish housing market, which is well suited to throw light on a range of aspects concerning business cycles and macro-prudential regulation. In particular, the model is employed to analyze the effects of...
Regional communities in Queensland, Australia are the life-blood of the state; contributing more than 80% of exports goods and services, as well as about 16 billion dollars each year to the state’s economy. Weather-related disasters such as floods have become more frequent over the last...
Several independent datasets concerning household behavior in the Washington, D.C. metropolitan area are combined to create an agent-based model of the recent housing market bubble and its aftermath. Comprehensive data on housing stock attributes, primarily from local government sources, are used as input to the...
Markets for domestic housing in countries like England differ from other markets because the stock is fixed in the short term, buyers need to raise mortgages to finance their purchases and prices tend to be set through intermediaries (‘estate agents’ or realtors). We introduce an...
This report presents the Allen Consulting Group’s research, analysis and findings of its study into segmentation in the market for estate agency services in Victoria.
This paper investigates a different aspect of housing supply, the private provision of rental housing through investment in existing properties.
This paper reports on research into the relationship between labour market change and the private rental market in non‐metropolitan South Australia for the period 1990 to 2000.
An increased reliance on market forces has led to a reassessment of the role of the private rental market in a number of countries.
Various location specific attributes cause segmentation of the housing market into submarkets. The question is, whether the most relevant partitioning criteria are directly related to the transaction price or to other, socio-economic and physical, features of the location. On the empirical side, several methods have...
Technological change is placing increased pressure on the real estate industry. It has reduced the market edge of the real estate professional by democratizing information and allowing other settlement service providers to occupy priority positions in the transaction.
Dynamics in the housing market can be simulated using agent-based modelling. Focusing on the theme of urban regeneration, we present a housing market model framework which explores the causal relationships that occur in this market.