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Houses and Apartments in Australia

Author

Listed:
  • Tom Rosewall

    (Reserve Bank of Australia)

  • Michael Shoory

    (Reserve Bank of Australia)

Abstract

Apartments have become an important part of the housing mix in Australia. This has several implications for assessments of residential activity. The lag from a change in monetary policy to the effect on residential activity might increase, because it takes longer to build large apartment buildings than detached houses. Apartment developments use different construction materials and labour, and may face different cost pressures to the detached house segment. They also face different supply-side constraints.

Suggested Citation

  • Tom Rosewall & Michael Shoory, 2017. "Houses and Apartments in Australia," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 1-12, June.
    • Handle: RePEc:rba:rbabul:jun2017-01
    as

    Download full text from publisher

    File URL: https://www.rba.gov.au/publications/bulletin/2017/publications/bulletin/2017/jun/pdf/bu-0617-1-houses-and-apartments-in-australia.pdf
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    Citations

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    Cited by:

    1. Easthope, Hazel & Palmer, Jasmine & Sharam, Andrea & Nethercote, Megan & Pignatta, Gloria & Crommelin, Laura, 2023. "Delivering sustainable apartment housing: New build and retrofit," SocArXiv z6yn4, Center for Open Science.
    2. Gianni La Cava & Hannah Leal & Andrew Zurawski, 2017. "Housing Accessibility for First Home Buyers," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 19-28, December.
    3. Huang, Donna & Daniel, Lyrian & Moore, Trivess & Baker, Emma & BEER, ANDREW & Willand, Nicola & Horne, Ralph & Hamilto, Cathryn, 2020. "Warm, cool and energy-affordable housing policy solutions for low-income renters," SocArXiv vxmc9, Center for Open Science.
    4. Gao, Qishuo & Shi, Vivien & Pettit, Christopher & Han, Hoon, 2022. "Property valuation using machine learning algorithms on statistical areas in Greater Sydney, Australia," Land Use Policy, Elsevier, vol. 123(C).

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