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- W2017341489 abstract "The recent house price cycle has highlighted concerns about housing affordability. But is the recent deterioration in housing affordability a short-term problem, or is it a continuation of long-term trends? We take advantage of customised data tables from the Australian Bureau of Statistics Census of Population and Housing to address this question. We focus on the state of Victoria, Australia, by comparing housing affordability and tenure share trends from 1981 to 2001, a period which encompasses two house price booms. Specifically, we look at households by income quintiles and age group in Victoria. We find that housing affordability has deteriorated, particularly for those in the lowest two income quintiles. Most importantly, deterioration is not restricted to one inter-census period. It is a trend that is evident through most inter-census periods from 1981 to 2001. Furthermore, we find that among younger households, those under 35 years of age, the share of home purchasers and outright owners is in lon..." @default.
- W2017341489 created "2016-06-24" @default.
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- W2017341489 date "2006-09-01" @default.
- W2017341489 modified "2023-09-27" @default.
- W2017341489 title "Long-Run Trends in Victorian Housing Affordability and First Transition into Homeownership" @default.
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- W2017341489 doi "https://doi.org/10.1080/08111140600876927" @default.
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