What is it about?
Negative developments in the capital liquidity and cross border investment were the two key drivers that impacted negatively on the Australian residential property market between 2017 to 2019.
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Why is it important?
A better understanding of the leading and emerging determinants of the residential property market will assist the policy makers to make sound decisions and effective policy changes based on the latest development in the Australian housing market. The results also provide a meaningful path for future property investments and investigations that explore country-specific effects through a comparative analysis.
Perspectives
The Australian residential property market downturn in 2018 signify an opportunity to grasp a better understanding on the significant and emerging market determinants. We will take this opportunity to provide, hopefully, some insights on the residential property market towards 2020 decade.
Peng Yew Wong
RMIT University
Read the Original
This page is a summary of: Residential property market determinants: evidence from the 2018 Australian market downturn, Property Management, December 2019, Emerald,
DOI: 10.1108/pm-07-2019-0043.
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