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Affordable Rental Housing: Lost, Stolen and Strayed

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  • JUDITH YATES
  • GAVIN WOOD

Abstract

This paper contributes to an exploration of the potential causes (as distinct from existence) of social and spatial polarisation. It focuses on the changing provision of low‐rent housing in a spatial context, and hence on the role that the private rental market plays in the residential choices available to lower income households. The paper applies multinomial logit estimation to panel data to determine the factors that affect the probability that an existing rental dwelling remains at the same real rent value over the decade from 1991 to 2001, filters down or up or exits from the private rental market. It tests the hypothesis that the outcome is affected by neighbourhood characteristics.

Suggested Citation

  • Judith Yates & Gavin Wood, 2005. "Affordable Rental Housing: Lost, Stolen and Strayed," The Economic Record, The Economic Society of Australia, vol. 81(s1), pages 82-95, August.
    • Handle: RePEc:bla:ecorec:v:81:y:2005:i:s1:p:s82-s95
    DOI: 10.1111/j.1475-4932.2005.00253.x
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    References listed on IDEAS

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    1. Ira S. Lowry, 1960. "Filtering and Housing Standards: A Conceptual Analysis," Land Economics, University of Wisconsin Press, vol. 36(4), pages 362-370.
    2. Hausman, Jerry & McFadden, Daniel, 1984. "Specification Tests for the Multinomial Logit Model," Econometrica, Econometric Society, vol. 52(5), pages 1219-1240, September.
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    4. Charles F. Manski, 2000. "Economic Analysis of Social Interactions," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 115-136, Summer.
    5. Hensher, David A. & Greene, William H., 2002. "Specification and estimation of the nested logit model: alternative normalisations," Transportation Research Part B: Methodological, Elsevier, vol. 36(1), pages 1-17, January.
    6. Charles F. Manski, 1993. "Identification of Endogenous Social Effects: The Reflection Problem," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(3), pages 531-542.
    7. Brueckner, Jan, 1977. "The determinants of residential succession," Journal of Urban Economics, Elsevier, vol. 4(1), pages 45-59, January.
    8. Bond, Eric W. & Coulson, N. Edward, 1989. "Externalities, filtering, and neighborhood change," Journal of Urban Economics, Elsevier, vol. 26(2), pages 231-249, September.
    9. Jeremy Lawson & Jacqueline Dwyer, 2002. "Labour Market Adjustment in Regional Australia," RBA Research Discussion Papers rdp2002-04, Reserve Bank of Australia.
    10. Little, James T., 1976. "Residential preferences, neighborhood filtering and neighborhood change," Journal of Urban Economics, Elsevier, vol. 3(1), pages 68-81, January.
    11. Rothenberg, Jerome & Galster, George C. & Butler, Richard V. & Pitkin, John R., 1991. "The Maze of Urban Housing Markets," University of Chicago Press Economics Books, University of Chicago Press, number 9780226729510, September.
    12. R. Cherry & E. J. Ford, 1975. "Concentration of Rental Housing Property and Rental Housing Markets in Urban Areas," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 3(1), pages 7-16, March.
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    Cited by:

    1. Vicente Royuela & Miguel Vargas, 2010. "Residential Segregation: A Literature Review," Working Papers 7, Facultad de Economía y Empresa, Universidad Diego Portales.
    2. Nygaard, Christian & van den Nouwelant, Ryan & Glackin, Stephen & Martin, Chris & Sisson, Alistair, 2022. "Filtering as a source of low-income housing in Australia: conceptualisation and testing," SocArXiv ph8as, Center for Open Science.
    3. Hulse, Kath & Parkinson, Sharon & Martin, Chris & Hayward, Richard Donald, 2018. "Inquiry into the future of the private rental sector," SocArXiv 6sb8r, Center for Open Science.
    4. Tan Yigitcanlar & Koray Velibeyoglu, 2008. "Knowledge-Based Urban Development: The Local Economic Development Path of Brisbane, Australia," Local Economy, London South Bank University, vol. 23(3), pages 195-207, August.
    5. repec:osf:socarx:ph8as_v1 is not listed on IDEAS
    6. repec:osf:socarx:6sb8r_v1 is not listed on IDEAS
    7. Kath Hulse & Zoë Goodall, 2023. "Reforming the Private Rental Sector: Challenges in the 2020s and Beyond," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 56(2), pages 240-248, June.
    8. Judith Yates, 2011. "Housing in Australia in the 2000s: On the Agenda Too Late?," RBA Annual Conference Volume (Discontinued), in: Hugo Gerard & Jonathan Kearns (ed.),The Australian Economy in the 2000s, Reserve Bank of Australia.

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