This project has examined the effects of increases in housing wealth brought about by increases in house prices on general consumption spending in Australia. The results presented question the accuracy of the assertion that the relationship between house prices and general consumption spending in the economy is at its strongest among older home owners.
Report
Housing wealth and consumer spending
Final Report No. 132
Date Published: 17 Jun 2009
Authors:
Published by: Թ Limited
ISSN: 1834-7223
ISBN: 978-1-921610-12-7
Citation: Yates, J., and Whelan, S. (2009) Housing wealth and consumer spending, Թ Final Report No. 132, Թ Limited, Melbourne, /research/final-reports/132.
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