Channels from Housing Wealth to Consumption
This paper uses micro-data from two national panel surveys to analyze the flow of wealth from residential property onto households’ balance sheets, where it is available for discretionary spending. The examples are Australia and the UK—two of the world’s most entrenched nations of owner occupation,...
| Main Authors: | , , , , |
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| Format: | Journal Article |
| Published: |
Routledge
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/38109 |