The impact of housing life cycle costs on home ownership affordability

Smith, P

The impact of housing life cycle costs on home ownership affordability

Smith, P

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Publication Type:: Conference Proceeding
Citation:: 6th Australasian Housing Researchers' Conference, AHRC 2012, 2012
Issue Date:: 2012-12-01

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Field	Value	Language
dc.contributor.author	Smith, P https://orcid.org/0000-0001-5825-2014	en_US
dc.date.issued	2012-12-01	en_US
dc.identifier.citation	6th Australasian Housing Researchers' Conference, AHRC 2012, 2012	en_US
dc.identifier.uri	http://hdl.handle.net/10453/23238
dc.description.abstract	This paper examines the significance of housing life cycle costs and their impact on home ownership affordability. Home ownership affordability is typically based on initial costs and the cost of financing arrangements in relation to purchaser income with other operational costs given scant, if any, attention. This paper demonstrates how these other operational costs can, in fact, be the dominant home ownership cost element. The paper culminates with the description of an alternative method of measuring home ownership affordability which incorporates these life cycle cost factors. The model is a product of extensive research on housing life cycle costs and has potential universal application.	en_US
dc.relation.ispartof	6th Australasian Housing Researchers' Conference, AHRC 2012	en_US
dc.title	The impact of housing life cycle costs on home ownership affordability	en_US
dc.type	Conference Proceeding
utslib.for	120203 Quantity Surveying	en_US
dc.location.activity	Adelaide, Australia	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/e-Press
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.publication-status	Published	en_US

Abstract:

This paper examines the significance of housing life cycle costs and their impact on home ownership affordability. Home ownership affordability is typically based on initial costs and the cost of financing arrangements in relation to purchaser income with other operational costs given scant, if any, attention. This paper demonstrates how these other operational costs can, in fact, be the dominant home ownership cost element. The paper culminates with the description of an alternative method of measuring home ownership affordability which incorporates these life cycle cost factors. The model is a product of extensive research on housing life cycle costs and has potential universal application.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/23238