Understanding Housing Affordability in Australia

Yunho Cho, Shuyun May Li and Lawrence Uren

Australian Economic Review, 2021, vol. 54, issue 3, 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.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://doi.org/10.1111/1467-8462.12435

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecr:v:54:y:2021:i:3:p:375-386

Ordering information: This journal article can be ordered from
https://ordering.onl ... 7-8462&ref=1467-8462

Access Statistics for this article

Australian Economic Review is currently edited by John de New, Viet Hoang Nguyen and Susan Méndez

More articles in Australian Economic Review from The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().