This research presents evidence on how housing policies might promote labour force participation and economic growth through four channels - housing supply responsiveness, labour mobility, employment decisions and consumption.

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 effect of house prices on households’ financial decisions has been an important question facing researchers and policy-makers. Increases in house prices may lead households to take on additional debt, refinance an existing mortgage, or change the composition of the debt held. Studies of labour supply have also found significant changes in work patterns due...

The objective of the research presented in this report is to identify the nature and magnitude of the relationship between house prices, household debt and the labour market decisions of Australian households. It is well known that there is a positive relationship among house prices, household debt and labour supply. However, empirical estimates of the...

This Positioning Paper outlines the research questions and methodology for an AHURI research study which utilises HILDA panel data and instrumental variable econometric techniques to interrogate the relationship between housing prices, household debt and labour supply in Australia. It provides preliminary evidence of important differences in the magnitude and expression of these relationships for partnered...