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First Home Ownership

  • Productivity Commission
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    The terms of reference for the inquiry on First Home Ownership asked the Commission to evaluate the affordability and availability of housing for first home buyers. The Commission’s preliminary findings were released for public comment in December. In its final assessment, the Commission maintained that there was no ‘quick fix’ to make housing more affordable for first home buyers. To the extent that currently low affordability reflects cyclical pressures, the situation would improve over time. However, the Commission identified a number of policy areas that can serve to exacerbate price pressures over the cycle.

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    Paper provided by EconWPA in its series Others with number 0410007.

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    Date of creation: 05 Oct 2004
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    Handle: RePEc:wpa:wuwpot:0410007
    Note: Type of Document - pdf
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    1. Olivier Jeanne & Michael D. Bordo, 2002. "Monetary Policy and Asset Prices: Does "Benign Neglect" Make Sense?," IMF Working Papers 02/225, International Monetary Fund.
    2. Kostas Tsatsaronis & Haibin Zhu, 2004. "What drives housing price dynamics: cross-country evidence," BIS Quarterly Review, Bank for International Settlements, March.
    3. Claudio Borio & Patrick McGuire, 2004. "Twin peaks in equity and housing prices?," BIS Quarterly Review, Bank for International Settlements, March.
    4. John Freebairn, 2002. "Opportunities to Reform State Taxes," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 35(4), pages 405-422.
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