Determinants of Housing Expenditure in Australia
Bibliographic Data
| ID | 4138920 |
|---|---|
| Authors | Gavan J Butler (Commonwealth Scientific and Industrial Research Organisation), J Flood (0000-0003-3490-0157, CSIRO Division of Building Research, PO Box 56, Highett, Victoria 3190, Australia), N Tucker, Selwyn N Tucker (Commonwealth Scientific and Industrial Research Organisation) |
| Year | 1984 |
| Volume | 16 |
| Issue | 8 |
| Pages | 1099-1113 |
| Publication date | 1984-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1068/a161099 |
| OpenAlex | W2008999645 |
| Language | EN |
| Citations received | 1 |
| References cited | 23 |
Research on the determinants of housing expenditure in Australia is limited by inadequate treatment of the distinction between three types of households: home renters, homeowners in the process of purchase, and homeowners who own outright. In this paper the authors use published and unpublished cross-sectional data from 1966-1968 and 1975-1976 to demonstrate the importance of the various determinants of housing across the three household types and, for the first time, to compare the characteristics at two points in time almost a decade apart. It was found that the influence of sociodemographic variables such as age, employment status, and household size was statistically significant, and that their influence varied considerably across the three household types. Detailed analysis has shown that income elasticity estimates of demand for housing were all found to be invariant over time, to be substantially less than 1.0 and to differ markedly between tenure type, with home renters having the lowest values (0.46-0.49), outright homeowners the highest (0.69), and mortgaged homeowners in between (0.53-0.59
Demographic economics · Economics · Geography · Housing tenure · Income elasticity of demand · Labour economics · Socioeconomics · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Housing, Finance, and Neoliberalism
The Demand for Housing
Theory of the Consumption Function
Housing and Permanent Income
Income Elasticity of Housing Demand
The Demand for Housing
The Demand for Housing
An Empirical Reconciliation of Micro and Grouped Estimates of the Demand for Housing
Theory and estimation in the economics of housing demand
Owner occupied housing and the federal income tax
Sources of downward bias in estimating the demand income elasticity for urban housing
The dynamics of the housing market
Permanent income, hedonic prices, and demand for housing
Surveys of Australian Economics
Economics in Disequilibrium
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,33 |
| Citation span | 2023 - 2023 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |