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|Longitudinal Study:||HILDA||Title:||What Drives Housing Outcomes in Australia? Understanding the Role of Aspirations, Household Formation, Economic Incentives and Labour Market Interactions||Authors:||Hendershott, P.H.
|Institution:||Australian Housing and Urban Research Institute||Publication Date:||Sep-2003||Pages:||46||Abstract:||The sequence of housing stages that an individual moves through over their lifetime forms the ‘housing career’ of that individual. While each housing career follows a unique path, a set of general forces act to influence the overall direction taken by individual housing careers. These drivers include: − Housing tenure preferences and housing market signals (house prices, rents etc.); − Household formation aspirations and outcomes; − Labour market effects (wages, employment, unemployment, and retirement); − Lifetime wealth accumulation objectives, and, − Housing assistance, income support, tax, and welfare programs. • In this project, we map out how these (and other) drivers influence the trajectory of Australian housing careers. We focus attention on three distinct life-cycle stages: (1) Early adulthood when the first, independent housing career transitions are made (ages 15-34); (2) the middle age stage (ages 35-49); and (3) The mature phase of the life cycle (ages 50- 69). • The aim of the study is to increase our understanding of what drives housing outcomes in Australia and what determines the structure of Australian housing careers.||URL:||http://www.melbourneinstitute.com/hilda||ISBN:||ISSN: 1834-9250 ISBN: 1 920758 80 1||Research collection:||Reports and technical papers|
|Appears in Collections:||Reports|
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