Vacancy rates and low rent housing: a panel data analysis

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.3/213888

Title: Vacancy rates and low rent housing: a panel data analysis
Author(s): Wood, Gavin; Yates, Judith; Reynolds, Margaret
Abstract: There is evidence of a shortage of low-rent housing stock in Australia. But there is a puzzling aspect to this evidence because it would appear that vacancy rates in the low-rent housing stock are relatively high. The paper establishes this relationship using a unique panel database for two very different cities within Australia. This panel database permits measurement of various dimensions of housing supply across value segments in a metropolitan private rental housing market and at different points in time. Our research findings describe vacancy patterns, turnover of tenancies and survival rates of properties by rent value segments and explore associations with the spatial concentration and polarisation of the low rent housing stock.
Publication type: Journal article
Source: Journal of Housing and the Built Environment, Vol. 21, no. 4 (Dec 2006), pp. 441-458
Publication year: 2006
FOR Code(s): 1205 Urban and Regional Planning
Keyword(s): Agency problems; Australia; Filtering spatial mismatch; Low-income households; Low-rent housing; Rental housing; Rental market; Vacancy rates
Publisher: Springer
ISSN: 1566-4910
Publisher URL: http://dx.doi.org/10.1007/s10901-006-9059-0
Additional information: The authors acknowledge support from the Australian Research Council.
Peer reviewed