Please use this identifier to cite or link to this item: https://hdl.handle.net/10620/17521
Longitudinal Study: HILDA
Title: Redesigning AHURI's Australian Housing Market Microsimulation Model
Authors: Wood, G 
Ong, R 
Institution: AHURI (Australian Housing and Urban Research Institute)
Issue Date: Nov-2008
Pages: 54
Keywords: Housing market
Economic policy changes
Microsimulation model
Housing supply
Government budgetary
Policy analysts
Abstract: The chief aim of this project is to redesign a comprehensive housing market microsimulation model that will provide policy analysts with a capacity to anticipate the quantitative impacts of economic and policy changes on the drivers of housing supply and demand and housing tenure outcomes; and provide reliable estimates of government budgetary cost or savings from proposed reforms. A microsimulation model uses data records containing the socio-economic and demographic characteristics of decision makers (persons, households, income units) to analyse choices in different settings or scenarios with respect to important parameters (interest rates, capital appreciation rates, tax rates and inflation, for example). In 2003 we designed such a model – AHURI-3M (AHURI Housing Market Microsimulation Model) – using the confidentialised unit records of the Australian Bureau of Statistics (ABS) 1997 Rental InvestorsSurvey and 1996-97 Survey of Income and Housing Costs. In this project we redesign AHURI-3M to incorporate several new features.
URL: http://www.ahuri.edu.au/publications/download/30396_rp
ISBN: ISBN: 1 921201 24 X
Keywords: Housing -- Equity (including use of); Housing -- Affordability; Housing
Research collection: Reports and technical papers
Technical working papers and reports
Appears in Collections:Reports

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