期刊名称：Discussion Paper Series / Department of Economics, Monash University
出版年度：2009
卷号：1
出版社：Monash University
摘要：The broadly accepted housing affordability indicator is calculated as the housing cost-toincome
ratio. But this only takes into consideration two averaged variables: household
housing costs and household income, both of which are ambiguous and misleading as an
across-the-board average. An alternative system of housing affordability measurement is
suggested in this paper based on disposable income left after accounting for housing expenses.
In contrary to the broadly used conventional indicator, the proposed measurement takes into
account different income groups, ages and types of households as well as the level of housing
consumption. This indicator, combined with the "after housing poverty line" allows for the
singling out of groups of households most in need of housing help, and therefore develop
more informed housing polices. Based on the proposed system of measurement, an extensive
empirical work is presented using the series of the ABS Income and Housing Surveys. The
results demonstrate, from a new angle, the dynamics of housing affordability in Australia
during the recent decade which leads to policy implications different to polices currently in
use.
关键词：Housing affordability measurement, income after housing costs.
