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The economics of green lifestyles: a micro-economic study of Australian household panel and housing market data


  • Franz Fuerst
  • Georgia Warren-Myers


This study examines the economic effects of voluntary commitments to a more sustainable individual lifestyle. In particular, it investigates the crucial nexus between environmental factors and health and well-being outcomes. It promises to generate important insights into this multi-faceted relationship by focussing on a hitherto understudied topic, i.e. whether the housing market and particularly the spatial variation in house prices may play a decisive mediating role for the quality of the surrounding built and natural environment. This project seeks to enhance our understanding of the relationship between individual environmental attitudes and economic outcomes but also to inform policies in the public health, urban planning and local economic development arenas.

Suggested Citation

  • Franz Fuerst & Georgia Warren-Myers, 2019. "The economics of green lifestyles: a micro-economic study of Australian household panel and housing market data," ERES eres2019_328, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2019_328

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    House Prices; Panel Data Analysis; Public Health; sustainable lifestyles;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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