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Housing wealth, fertility intentions and fertility

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  • Atalay, Kadir
  • Li, Ang
  • Whelan, Stephen

Abstract

There is increasing evidence that housing and housing markets impact a variety of behaviors and outcomes. Using a rich panel of Australian microlevel data, we estimated the effect of housing price changes on both fertility intentions and fertility outcomes. The analysis indicates that the likelihood of having a child among homeowners is positively related to an increase in housing wealth. The positive housing wealth effect has the greatest impact on the fertility and fertility intentions of Australian homeowners who are young and mortgage holders. In comparison, there is evidence that increases in housing prices decrease the fertility intentions of private renters with children.

Suggested Citation

  • Atalay, Kadir & Li, Ang & Whelan, Stephen, 2021. "Housing wealth, fertility intentions and fertility," Journal of Housing Economics, Elsevier, vol. 54(C).
    • Handle: RePEc:eee:jhouse:v:54:y:2021:i:c:s1051137721000371
    DOI: 10.1016/j.jhe.2021.101787
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    Cited by:

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    2. Wang, Haining & Cheng, Zhiming & Smyth, Russell & Sun, Gong & Li, Jie & Wang, Wangshuai, 2022. "University education, homeownership and housing wealth," China Economic Review, Elsevier, vol. 71(C).
    3. Belinda Hewitt, 2021. "The Dynamics of Family Formation and Dissolution," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(4), pages 506-517, December.
    4. Hong Liu & Lili Liu & Fei Wang, 2023. "Housing wealth and fertility: evidence from China," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(1), pages 359-395, January.
    5. Jiaping Zhang & Xiaomei Gong, 2023. "How does environmental quality perception influence people's fertility intention? Evidence from China," Australian Economic Papers, Wiley Blackwell, vol. 62(2), pages 272-296, June.
    6. Maomin Jiang & Zhengyu Wu & Binbin He & Aixian Tu & Yibo Wu, 2022. "Effect of Work–Family Conflict on Three-Child Fertility Intention of Working Women of Reproductive Age under the Background of Active Reproductive Support: The Moderating and Mediating Effects of Anxi," Sustainability, MDPI, vol. 14(21), pages 1-14, November.
    7. Mooi-Reci, Irma & Trinh, Trong-Anh & Vera-Toscano, Esperanza & Wooden, Mark, 2023. "The impact of lockdowns during the COVID-19 pandemic on fertility intentions," Economics & Human Biology, Elsevier, vol. 48(C).
    8. Meng, Lina & Peng, Lu & Zhou, Yinggang, 2023. "Do housing booms reduce fertility intentions? Evidence from the new two-child policy in China," Regional Science and Urban Economics, Elsevier, vol. 101(C).
    9. Awaworyi Churchill, Sefa & Smyth, Russell & Trinh, Trong-Anh & Yew, Siew Ling, 2022. "Local crime and fertility," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 312-331.
    10. Bloom, David E. & Kuhn, Michael & Prettner, Klaus, 2023. "Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences," IZA Discussion Papers 16500, Institute of Labor Economics (IZA).

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    More about this item

    Keywords

    Fertility outcomes; Fertility intentions; House prices; Housing wealth;
    All these keywords.

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis

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