Housing aspirations and preferences among Australian households
Summary
Australians continue to aspire to home ownership, however, less than one third of those for whom buying a home was an important short-term goal were able to achieve it within 3 years.
Project Number: 20017
Research Theme: Housing Markets
Project Leader: Baum, Scott
Funding Year: 2000
Research Centre: Queensland
Research & Policy Bulletin
Issue 023: Home ownership in Australia – the gap between aspiration and achievement
Australians continue to aspire to home ownership, but less than one third of those for whom buying a home was an important short-term goal were able to achive it within three years.
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51 KB PDF Document
Description
This study is about housing aspirations in Australian society. More specifically it aims to illustrate the way in which the changing nature of Australian society is reflected in changing housing aspirations among different household groups and what these changes mean within the arena of housing policy. The proposed research will use cohort analysis to analyse readily available data sources to investigate the changing housing aspirations and preferences of Australian households. The overall aims of this study are to better inform policy makers and researchers regarding the housing aspirations of the Australian population and to establish a framework for further analysis of this area.
By undertaking a review of existing data the study will draw out a number of key points. These include: how do housing aspirations differ between different cohorts of Australian housing consumers; what is the link between housing aspirations and wider issues of housing choice; how are aspirations/choices changing between cohorts; what implications do these changes have for policy; and what additional areas need to be addressed to inform policy makers and researchers about the likely future direction of housing aspirations.
The project provides a number of benefits to policy. The outcomes will be important as they will assist to better inform industry and other peak bodies about the changing nature of housing aspirations and choice among different cohorts of the population. They will not only provide insight into the changing structure of aspiration/choice in terms of long-term housing tenure commitment, but will also assist in understanding some of the dynamics of different cohorts and the associations between their housing choice and aspirations and the constraints they face in achieving these. This is especially important given the changing nature of the economy and society at the dawn of the new millennium.
More Information
Research and Policy Bulletin: Issue 023: Home ownership in Australia – the gap between aspiration and achievement
51 KB PDF Document
Positioning Paper: No. 014: Housing aspirations of Australian households
159 KB PDF Document
Final Report: No. 030: Housing aspirations of Australian households
126 KB PDF Document
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