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.
Housing prices, household debt and household consumption
Final Report No. 282
Date Published: 08 Jun 2017
Published by: Australian Housing and Urban Research Institute Limited
Citation: Atalay, K., Whelan, S., and Yates, J. (2017) Housing prices, household debt and household consumption, AHURI Final Report No. 282, Australian Housing and Urban Research Institute Limited, Melbourne, https://www.ahuri.edu.au/research/final-reports/282, doi:10.18408/ahuri-7307401.RIS CITATION