A History of Housing Prices in Australia 1880-2010

Nigel Stapledon

No 2010-18, Discussion Papers from School of Economics, The University of New South Wales

Abstract: This paper introduces series of house and land prices for Australia’s major capital cities for the period 1880-1970 which, spliced to modern data, give series spanning 1880-2010. The broad trends in prices for houses, land and rents highlight no significant movement in real prices for the first seventy years followed by a persistent and significant trend rise in prices. Cycles in house prices and housing activity played a major part in each of the seven major economic cycles in this period, the first associated with the 1880s boom/1890s depression and finishing with a major cycle which commenced in the mid-1990s.

Keywords: Australia; house prices; land prices; gross dwelling rents; price and rent controls; housing cycles; economic cycles. (search for similar items in EconPapers)
JEL-codes: G12 N97 R21 R31 R38 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2010-11
New Economics Papers: this item is included in nep-his and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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