Bridging the gap between housing stress and financial stress: The case of Australia

Rowley, S, Ong, R and Haffner, M 2015, 'Bridging the gap between housing stress and financial stress: The case of Australia', Housing Studies, vol. 30, no. 3, pp. 473-490.


Document type: Journal Article
Collection: Journal Articles

Title Bridging the gap between housing stress and financial stress: The case of Australia
Author(s) Rowley, S
Ong, R
Haffner, M
Year 2015
Journal name Housing Studies
Volume number 30
Issue number 3
Start page 473
End page 490
Total pages 18
Publisher Routledge
Abstract In recent decades, housing affordability has been increasingly linked to household financial outcomes where high housing costs relative to income are perceived to negatively affect financial well-being. However, the traditional measure of housing affordability in Australia is housing stress, which is subject to widespread criticism as an inadequate representation of overall financial stress. This methodological paper first determines the extent to which housing stress correlates with experiences of financial stress and, second, demonstrates ways in which the measure can be modified to deliver a more reliable indication of how housing costs affect financial well-being. The study contributes to the international literature by showing how the use of longitudinal data can improve the measure of housing stress providing a more accurate assessment of the relationship between housing costs and financial well-being.
Subject Housing Markets, Development, Management
Keyword(s) expenditure-to-income ratio
financial stress
housing affordability
Housing stress
well-being
DOI - identifier 10.1080/02673037.2014.977851
Copyright notice © 2014 Taylor and Francis
ISSN 0267-3037
Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 15 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 4 times in Scopus Article | Citations
Altmetric details:
Access Statistics: 211 Abstract Views  -  Detailed Statistics
Created: Mon, 04 Apr 2016, 12:01:00 EST by Catalyst Administrator
© 2014 RMIT Research Repository • Powered by Fez SoftwareContact us