Housing fever in Australia 2020-23: Insights from an econometric thermometer

• Main Authors: SHI, Shuping, PHILLIPS, Peter C. B.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2023
• 主題: Housing markets; speculative behaviour; economic drivers; Finance; Real Estate
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/2698; https://ink.library.smu.edu.sg/context/soe_research/article/3697/viewcontent/Housing_Fever_in_Australia_2020_23_Insights_from_an_Econometric_Thermometer.pdf

Australian housing markets experienced widespread and, in some cases, extraordinary growth in prices between 2020 and 2023. Using recently developed methodology that accounts for fundamental economic drivers, we assess the existence and degree of speculative behaviour, as well as the timing of exube...