What Drives House Prices In Australia? A+L4584 Cross-Country Approach
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| Originally published | December 2010 |
| Authors | Shengzu Wang |
| Patrizia Tumbarello | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2385840 |
About What Drives House Prices In Australia? A+L4584 Cross-Country Approach
This paper analyzes the factors driving house prices in Australia from a cross-country perspective using several approaches. It uses a cointegration technique to estimate the long-run equilibrium house prices in Australia, New Zealand, and Canada and assesses the extent of a possible disequilibrium. . . .