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Longitudinal Study: HILDA
Title: Understanding Housing Affordability in Australia
Authors: Cho, Yunho
Li, Shuyun May
Uren, Lawrence
Publication Date: 13-Sep-2021
Pages: 375-386
Abstract: We evaluate housing affordability in Australia particularly as it relates to the ability of households to purchase a home. An overview of trends in the Australian housing market is provided with a discussion of rising house prices and falling home ownership. We then provide an estimate of the fundamental price of housing at capital-city level based upon the user cost of housing. We also discuss policies that have been used and policies that could be used to improve housing affordability. We conclude with a brief discussion of the long term barriers to housing affordability.
DOI: 10.1111/1467-8462.12435
Research collection: Journal Articles
Appears in Collections:Journal Articles

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