Australian Migration and Dwelling Prices

Ge, X

Australian Migration and Dwelling Prices

Ge, X

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Publisher:: Asian Real Estate Society
Publication Type:: Conference Proceeding
Citation:: Proceedings - AsRES 19th INTERNATIONL CONFERENCE, 2014
Issue Date:: 2014

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Field	Value	Language
dc.contributor.author	Ge, X https://orcid.org/0000-0002-2252-7829	en_US
dc.date	2014-07-14	en_US
dc.date.issued	2014	en_US
dc.identifier.citation	Proceedings - AsRES 19th INTERNATIONL CONFERENCE, 2014	en_US
dc.identifier.uri	http://hdl.handle.net/10453/35536
dc.description.abstract	Residential dwelling prices have been increasing over the last few decades in Australia. Many empirical researches have demonstrated that population and demographics are the main factors of contributing to upward trend of dwelling prices. In Australia, migration plays an important role in the nation’s population growth and economic development. The Australian government currently receives overseas migrants from countries around the world every year on different schemes such as skilful migration, family reunion and so on. On average there are around 200,000 overseas migrants settling as permanent residents in Australia according to the migration data provided by the Australian Department of Immigration. This paper studies how new migrants contribute to demand shock and how much impact they have on the residential dwellings market. Yearly time series data will be collected from the Australian Bureau of Statistics and Australian Department of Immigration. Statistical models will be derived using the changes of dwelling prices as the dependent variables; and net migration, changes of household income and dwelling supplies as the independent variables. The research is considered important as it addresses the economic fundamental of demand and supply issues. The research findings also help to validate the Australian migration policies.	en_US
dc.publisher	Asian Real Estate Society	en_US
dc.relation.ispartof	Proceedings - AsRES 19th INTERNATIONL CONFERENCE	en_US
dc.relation.ispartof	Asian Real Estate Society Annual Conference	en_US
dc.title	Australian Migration and Dwelling Prices	en_US
dc.type	Conference Proceeding
utslib.location	http://www.asres.net/2014_Conference/Program.html	en_US
utslib.location.activity	Gold Coast, Australia	en_US
utslib.for	1205 Urban and Regional Planning	en_US
dc.location.activity	Gold Coast, Australia
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
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	open_access
pubs.consider-herdc	true	en_US
pubs.finish-date	2014-07-16	en_US
pubs.place-of-publication	http://www.asres.net/2014_Conference/Program.html	en_US
pubs.publication-status	Published	en_US
pubs.start-date	2014-07-14	en_US

Abstract:

Residential dwelling prices have been increasing over the last few decades in Australia. Many empirical researches have demonstrated that population and demographics are the main factors of contributing to upward trend of dwelling prices. In Australia, migration plays an important role in the nation’s population growth and economic development. The Australian government currently receives overseas migrants from countries around the world every year on different schemes such as skilful migration, family reunion and so on. On average there are around 200,000 overseas migrants settling as permanent residents in Australia according to the migration data provided by the Australian Department of Immigration. This paper studies how new migrants contribute to demand shock and how much impact they have on the residential dwellings market. Yearly time series data will be collected from the Australian Bureau of Statistics and Australian Department of Immigration. Statistical models will be derived using the changes of dwelling prices as the dependent variables; and net migration, changes of household income and dwelling supplies as the independent variables. The research is considered important as it addresses the economic fundamental of demand and supply issues. The research findings also help to validate the Australian migration policies.

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http://hdl.handle.net/10453/35536