This research investigated the relationship between increasing housing prices (or housing wealth) and the increased consumption expenditure of households from before the GFC and afterwards. The analysis revealed that following the GFC, old and middle-aged households showing slightly lower...

Traditionally the establishment of a household independent of one’s parents has been an important marker of the transition into adulthood. In Australia as in other countries, younger cohorts are spending increasing time in the parental household reflecting a range of social, demographic and...