Please use this identifier to cite or link to this item: https://hdl.handle.net/10620/17242
Longitudinal Study: HILDA
Title: Property Owners in Australia: A Snapshot
Authors: Kohler, M 
Rossiter, A 
Institution: Reserve Bank of Australia
Issue Date: May-2005
Pages: 41
Keywords: gearing
home ownership
investment property
Abstract: Property represents more than half of all household assets in Australia and its share has been rising in recent years. Since most property purchases require debt financing because of the size of the purchase, property makes up a large part of both sides of households’ balance sheets. This paper uses household-level data to examine what determines the ownership of residential property and the holding of property debt by households in Australia. We examine these decisions for both owner-occupied and investment property. The results suggest that the household’s age, composition, income and wealth are important factors determining property ownership and gearing decisions. Income and wealth are found to be more influential in determining the value of property owned, while the household’s age is more influential in determining the gearing. Household composition is important for decisions on owner-occupied property, but has a limited influence on investment property decisions.
URL: http://www.melbourneinstitute.com/hilda
Research collection: Reports and technical papers
Technical working papers and reports
Appears in Collections:Reports

Show full item record

Page view(s)

1,896
checked on Oct 19, 2021

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.