Australian Capital City Real House Prices, 1979–1993

1995 ◽  
Vol 28 (3) ◽  
pp. 16-26 ◽  
Author(s):  
Steven C. Bourassa ◽  
Patric H. Hendershott
1977 ◽  
Vol 11 (3) ◽  
pp. 197-200 ◽  
Author(s):  
Ray Chynoweth

Studying the contents of suicide notes might help to improve the understanding of individual cases whilst offering an opportunity to search for possible preventive guidelines. In a study in an Australian capital city, suicides for one year (1972-73) were investigated including the medical and psychiatric data where possible, and psychosocial circumstances in each case. The total number of suicides in the year was 135. Twenty-seven individuals left suicide notes of which 25 were available for examination. The mood as reflected in the notes was categorised in terms of depression and hopelessness, neutral affect and hostility. The affect was related to age, sex, marital status and method of suicide. The results are presented with examples of each category and are discussed with respect to their contribution to (i) understanding the cause of death, (ii) understanding the intention of the suicide, (iii) assisting the relatives in coping with the suicide, (iv) drawing attention to those factors where earlier intervention may have averted suicide.


2015 ◽  
Vol 8 (2) ◽  
pp. 265-286 ◽  
Author(s):  
Gregory Costello ◽  
Patricia Fraser ◽  
Garry MacDonald

Purpose – This paper aims to analyze the impact of common monetary policy shocks on house prices at national and capital city levels of aggregation, using Australian data and the Lastrapes (2005) two-part structural vector autoregressive (SVAR) empirical method. Design/methodology/approach – The Lastrapes (2005) two-part SVAR empirical method is applied to Australian housing market and macroeconomic data to assess the impact of common monetary policy shocks on house prices. Findings – Results show that while the impact of shocks to interest rates on aggregate house prices is almost neutral, the responses of state capital city house prices to the same shock can exhibit significant asymmetries. Originality/value – This paper contributes to the monetary policy–asset price debate by examining the influence of Australian monetary policy on capital city housing markets over the period 1982-2012. To the authors’ knowledge, this is the first empirical study that has adapted this Lastrapes (2005) methodology to the analysis of housing markets.


2011 ◽  
Vol 36 (3) ◽  
pp. 38-48
Author(s):  
R.J. Fuller ◽  
U.M. de Jong

Australians were recently awarded the dubious honour of building the largest homes in the world. Our new homes are now seven percent larger than those in the United States and nearly three times larger than those in the United Kingdom. At the same time, the price of an average residential property is now five times what it was 20 years ago. Although incomes have risen over the same period, they have not kept pace with rising house prices. In terms of disposable income, the cost of housing has almost doubled. While traditional housing affordability is measured in terms of house prices and incomes, a broader and more encompassing perspective also indicates that we can no longer ‘afford’ to build houses as we have done in the past. The environmental impact of modern Australian housing is significant. Australians have resisted the need for increased urban density as their capital city populations grow and new houses have been built on the outskirts of the existing cities, encroaching on the greenwedge and agricultural lands, destroying and degrading existing fauna and flora. The houses built have increased carbon emissions because of their size, embodied energy and reliance on the motor car. This paper discusses the environmental ‘affordability’ of current Australian housing and argues that this must be considered alongside traditional affordability criteria so that a more holistic approach to the issues is adopted.


Author(s):  
Markéta Novotná ◽  
Kateřina Hasoňová

The paper focuses on one of the current global trends related to the expansion of the sharing economy and short-term accommodation services on the Internet platform. The paper aims to evaluate the socio-economic impacts of the Airbnb service in the capital city of Prague, which is one of the most visited cities in Europe. The Airbnb phenomenon, which indirectly contributes to overtourism and the burden on city centres, usually leads to higher house prices, unequal competition, changes in residential areas, and other negative externalities for the residents. The paper applies the desk research method based on the processing of secondary data, supplemented by own observation and in-depth interview with a representative of IPR Prague. When comparing the specific situation and the measures implemented to deal with this problem in other model destinations, serving as a benchmark for the case study, it can be stated that in the case of Prague, the initiative often comes spontaneously from below. The implementation of measures is often carried out only after repeated complaints by residents.


2019 ◽  
Vol 31 (5) ◽  
pp. 750-755 ◽  
Author(s):  
Fern J McAllan ◽  
Diana Egerton‐Warburton ◽  
Gerard O'Reilly ◽  
Tracey J Weiland ◽  
George A Jelinek

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