Gavin A Wood
Dados Biográficos
| ID | 4238570 |
|---|---|
| NOME | Gavin A Wood |
| PRENOMES | Gavin A |
| SOBRENOME | Wood |
| ASSINATURA | WOOD G A |
| AFILIAÇÕES | Murdoch University |
| VERIFICADO | Não |
| TOTAL DE OBRAS | 15 |
| TOTAL DE CITAÇÕES | 51 |
| TOTAL COMO AUTOR | 15 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1988 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2026 |
| ÍNDICE H | 4 |
Housing as Asset‐Based Welfare in Australia
Housing asset‐based welfare has long been a key component of Australia's social policy. This resonates with a parallel literature identifying a trade‐off between homeownership and the size of nations' welfare states, wherein owner‐occupiers in smaller welfare states tend to come to rely on housing wealth to meet many of their welfare needs, especially in old age. While still important, homeownership's role in old age is beginning to be challenged…
Housing wealth and aged care
The transition of the baby boomer bulge into old age and their increasing longevity will lift the numbers of elderly in residential aged care. Population ageing and associated fiscal pressures have motivated governments to shift responsibility for the financing of aged care to the individual. We consider policies that include owner-occupiers’ housing wealth and imputed rental incomes in means tests that determine co-contribution charges for resid…
Housing wealth, mortgages and Australians’ labour force participation in later life
In the life cycle model of consumption and saving, homeownership is an important vehicle for horizontal redistribution. Households accumulate wealth in owner-occupied housing during working lives before benefiting from imputed rent streams in retirement. But in some countries housing wealth’s welfare role has broadened as owners increasingly use flexible mortgages to smooth consumption during working lives. One consequence is higher outstanding m…
Ageing and Declining Rates of Home Ownership
This paper combines forecasts of Australia’s population with microsimulation and tenure choice models to generate estimates of housing assistance demand from older Australians in 2031. Our projections suggest that singles retreat from home ownership, while rental tenures become increasingly feminised by 2031 as they turn into the tenures of (constrained) choice for a growing proportion of singles and sole parents. Even if home ownership declines …
Housing Equity Withdrawal
Housing wealth dominates the asset portfolios of the older population in Australia and many other countries. Given the anticipated spike in fiscal costs associated with population ageing, there is growing policy interest in housing equity withdrawal (HEW) to finance living needs in retirement. This paper sheds light on homeowners' perceptions of the obstacles associated with two forms of HEW: mortgage equity withdrawal (where thein situhome owner…
Housing Equity Withdrawal in Australia
In an era of population ageing, the primary home is increasingly viewed as a personal resource that can perform a pension role in retirement. This article assesses the extent to which Australians aged 45 years and over withdraw housing equity through in situ mortgage equity withdrawal (MEW), downsizing and selling up. We find that the incidence of housing equity withdrawal has increased over the last decade despite a global financial crisis. MEW …
Channels from Housing Wealth to Consumption
This paper uses micro-data from two national panel surveys to analyze the flow of wealth from residential property onto households' balance sheets, where it is available for discretionary spending. The examples are Australia and the UK—two of the world's most entrenched nations of owner occupation, both with relatively complete mortgage markets. We focus on the early 2000s, which set the scene for an unprecedented wave of housing equity withdrawa…
When and Why Do Landlords Retain Property Investments
This paper examines factors influencing Australian landlords’ decisions to retain their rental investments. A variety of statistical techniques are applied to uncover the factors precipitating the exit of landlords from rental housing markets. It is found that middle-aged investors are more attached to rental investments than younger investors. However, once retired, there is a sharp increase in the likelihood of exit from rental investments. The…
The Taxation of Australian Landlords
The tax treatment of housing can have important implications for the relative attractiveness of investment in housing. The tax regime for private landlords in Britain appears to be less favourable than in many other advanced welfare states, including Australia, where negative gearing is commonly cited as a tax preference encouraging investment in rental housing. If private landlords in Britain are tax disadvantaged compared with their Australian …
Home-owner Residential Property Taxes and their Burden on Net Personal Wealth
Domestic residential property taxes can be viewed as a substitute for a tax on personal wealth. This paper measures the formal distributional characteristics of residential property taxes in Australia with respect to the net wealth of home-owners, and the net wealth of all households in the personal sector. Net wealth is estimated by a combination of investment income and survey methods. The study emphasises three major findings. First, on contro…
Financial Deregulation and Access to Home Ownership in Australia
Financial Deregulation and Access to Home Ownership in Australia
Since the deregulation of Australian Housing Finance interest rates in early 1986 the market has determined the rate prospective home buyers must meet for their loans. Deregulation has brought higher interest rates and considerable public discussion concerning the plight of home buyers and these interest rate rises. The paper analyses post-1985 interest rate, house price and incomes data from six capital cities, and computes movements in the depo…
The Tax Treatment of Housing
Housing Finance and Subsidy Systems in Australia
Housing Tax Expenditures in OECD Countries
Housing taxation expenditures are an important source of housing subsidies in most OECD countries. In this paper, we identify the impacts which housing taxation expenditures can have on macroeconomic performance, allocative efficiency and equity. There is considerable concern about the adverse nature of many of these impacts. In view of this concern tenure neutral reform proposals are subjected to critical scrutiny and the reform measures recentl…
Channels from Housing Wealth to Consumption
This paper uses micro-data from two national panel surveys to analyze the flow of wealth from residential property onto households' balance sheets, where it is available for discretionary spending. The examples are Australia and the UK—two of the world's most entrenched nations of owner occupation, both with relatively complete mortgage markets. We focus on the early 2000s, which set the scene for an unprecedented wave of housing equity withdrawa…
Housing Equity Withdrawal
Housing wealth dominates the asset portfolios of the older population in Australia and many other countries. Given the anticipated spike in fiscal costs associated with population ageing, there is growing policy interest in housing equity withdrawal (HEW) to finance living needs in retirement. This paper sheds light on homeowners' perceptions of the obstacles associated with two forms of HEW: mortgage equity withdrawal (where thein situhome owner…
When and Why Do Landlords Retain Property Investments
This paper examines factors influencing Australian landlords’ decisions to retain their rental investments. A variety of statistical techniques are applied to uncover the factors precipitating the exit of landlords from rental housing markets. It is found that middle-aged investors are more attached to rental investments than younger investors. However, once retired, there is a sharp increase in the likelihood of exit from rental investments. The…
Housing Equity Withdrawal in Australia
In an era of population ageing, the primary home is increasingly viewed as a personal resource that can perform a pension role in retirement. This article assesses the extent to which Australians aged 45 years and over withdraw housing equity through in situ mortgage equity withdrawal (MEW), downsizing and selling up. We find that the incidence of housing equity withdrawal has increased over the last decade despite a global financial crisis. MEW …
Housing wealth and aged care
The transition of the baby boomer bulge into old age and their increasing longevity will lift the numbers of elderly in residential aged care. Population ageing and associated fiscal pressures have motivated governments to shift responsibility for the financing of aged care to the individual. We consider policies that include owner-occupiers’ housing wealth and imputed rental incomes in means tests that determine co-contribution charges for resid…
The Taxation of Australian Landlords
The tax treatment of housing can have important implications for the relative attractiveness of investment in housing. The tax regime for private landlords in Britain appears to be less favourable than in many other advanced welfare states, including Australia, where negative gearing is commonly cited as a tax preference encouraging investment in rental housing. If private landlords in Britain are tax disadvantaged compared with their Australian …
Financial Deregulation and Access to Home Ownership in Australia
Since the deregulation of Australian Housing Finance interest rates in early 1986 the market has determined the rate prospective home buyers must meet for their loans. Deregulation has brought higher interest rates and considerable public discussion concerning the plight of home buyers and these interest rate rises. The paper analyses post-1985 interest rate, house price and incomes data from six capital cities, and computes movements in the depo…
Housing Finance and Subsidy Systems in Australia
Housing Tax Expenditures in OECD Countries
Housing taxation expenditures are an important source of housing subsidies in most OECD countries. In this paper, we identify the impacts which housing taxation expenditures can have on macroeconomic performance, allocative efficiency and equity. There is considerable concern about the adverse nature of many of these impacts. In view of this concern tenure neutral reform proposals are subjected to critical scrutiny and the reform measures recentl…
Financial Deregulation and Access to Home Ownership in Australia
The Tax Treatment of Housing
Housing Tax Expenditures in OECD Countries
Housing taxation expenditures are an important source of housing subsidies in most OECD countries. In this paper, we identify the impacts which housing taxation expenditures can have on macroeconomic performance, allocative efficiency and equity. There is considerable concern about the adverse nature of many of these impacts. In view of this concern tenure neutral reform proposals are subjected to critical scrutiny and the reform measures recentl…
Financial Deregulation and Access to Home Ownership in Australia
Since the deregulation of Australian Housing Finance interest rates in early 1986 the market has determined the rate prospective home buyers must meet for their loans. Deregulation has brought higher interest rates and considerable public discussion concerning the plight of home buyers and these interest rate rises. The paper analyses post-1985 interest rate, house price and incomes data from six capital cities, and computes movements in the depo…
The Tax Treatment of Housing
Housing Finance and Subsidy Systems in Australia
Financial Deregulation and Access to Home Ownership in Australia
Home-owner Residential Property Taxes and their Burden on Net Personal Wealth
Domestic residential property taxes can be viewed as a substitute for a tax on personal wealth. This paper measures the formal distributional characteristics of residential property taxes in Australia with respect to the net wealth of home-owners, and the net wealth of all households in the personal sector. Net wealth is estimated by a combination of investment income and survey methods. The study emphasises three major findings. First, on contro…
The Taxation of Australian Landlords
The tax treatment of housing can have important implications for the relative attractiveness of investment in housing. The tax regime for private landlords in Britain appears to be less favourable than in many other advanced welfare states, including Australia, where negative gearing is commonly cited as a tax preference encouraging investment in rental housing. If private landlords in Britain are tax disadvantaged compared with their Australian …
Channels from Housing Wealth to Consumption
This paper uses micro-data from two national panel surveys to analyze the flow of wealth from residential property onto households' balance sheets, where it is available for discretionary spending. The examples are Australia and the UK—two of the world's most entrenched nations of owner occupation, both with relatively complete mortgage markets. We focus on the early 2000s, which set the scene for an unprecedented wave of housing equity withdrawa…
When and Why Do Landlords Retain Property Investments
This paper examines factors influencing Australian landlords’ decisions to retain their rental investments. A variety of statistical techniques are applied to uncover the factors precipitating the exit of landlords from rental housing markets. It is found that middle-aged investors are more attached to rental investments than younger investors. However, once retired, there is a sharp increase in the likelihood of exit from rental investments. The…
Housing Equity Withdrawal in Australia
In an era of population ageing, the primary home is increasingly viewed as a personal resource that can perform a pension role in retirement. This article assesses the extent to which Australians aged 45 years and over withdraw housing equity through in situ mortgage equity withdrawal (MEW), downsizing and selling up. We find that the incidence of housing equity withdrawal has increased over the last decade despite a global financial crisis. MEW …
Housing Equity Withdrawal
Housing wealth dominates the asset portfolios of the older population in Australia and many other countries. Given the anticipated spike in fiscal costs associated with population ageing, there is growing policy interest in housing equity withdrawal (HEW) to finance living needs in retirement. This paper sheds light on homeowners' perceptions of the obstacles associated with two forms of HEW: mortgage equity withdrawal (where thein situhome owner…
Ageing and Declining Rates of Home Ownership
This paper combines forecasts of Australia’s population with microsimulation and tenure choice models to generate estimates of housing assistance demand from older Australians in 2031. Our projections suggest that singles retreat from home ownership, while rental tenures become increasingly feminised by 2031 as they turn into the tenures of (constrained) choice for a growing proportion of singles and sole parents. Even if home ownership declines …
Housing wealth and aged care
The transition of the baby boomer bulge into old age and their increasing longevity will lift the numbers of elderly in residential aged care. Population ageing and associated fiscal pressures have motivated governments to shift responsibility for the financing of aged care to the individual. We consider policies that include owner-occupiers’ housing wealth and imputed rental incomes in means tests that determine co-contribution charges for resid…
Housing wealth, mortgages and Australians’ labour force participation in later life
In the life cycle model of consumption and saving, homeownership is an important vehicle for horizontal redistribution. Households accumulate wealth in owner-occupied housing during working lives before benefiting from imputed rent streams in retirement. But in some countries housing wealth’s welfare role has broadened as owners increasingly use flexible mortgages to smooth consumption during working lives. One consequence is higher outstanding m…
Housing as Asset‐Based Welfare in Australia
Housing asset‐based welfare has long been a key component of Australia's social policy. This resonates with a parallel literature identifying a trade‐off between homeownership and the size of nations' welfare states, wherein owner‐occupiers in smaller welfare states tend to come to rely on housing wealth to meet many of their welfare needs, especially in old age. While still important, homeownership's role in old age is beginning to be challenged…
Economics (14 obras) · Housing Market and Economics (13 obras) · Housing, Finance, and Neoliberalism (12 obras) · Business (11 obras) · Finance (9 obras) · Financial Literacy, Pension, Retirement Analysis (8 obras) · Market economy (8 obras) · Finance (7 obras) · Labour economics (7 obras) · Public economics (7 obras)