This research investigated the relationship between increasing housing prices (or housing wealth) and the increased consumption expenditure of households from before the GFC and afterwards. The analysis revealed that following the GFC, old and middle-aged households showing slightly lower consumption levels despite their houses increasing in price.
Report
Housing prices, household debt and household consumption
Final Report No. 282
Date Published: 08 Jun 2017
Authors:
DOI:
Published by: Australian Housing and Urban ÂþÌìÌÃÈë¿Ú Institute Limited
ISSN: 1834-7223
ISBN: 978-1-925334-46-3
Citation: Atalay, K., Whelan, S., and Yates, J. (2017) Housing prices, household debt and household consumption, ÂþÌìÌÃÈë¿ÚFinal Report No. 282, Australian Housing and Urban ÂþÌìÌÃÈë¿Ú Institute Limited, Melbourne, /research/final-reports/282, doi:10.18408/ahuri-7307401.
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