ABSTRACT

Successive mining “booms” have created wide-ranging, long-term socioeconomic impacts in many parts of Australia. Property markets were both directly and indirectly affected by the mining booms. Towns associated with mining activities experienced significant, rapid shifts in supply and demand levels for housing as well as changes to the amount and type of development occurring. The most recent “mining boom” in Queensland impacted on housing market dynamics, with impacts evident at all stages of the resource cycle. Housing markets were also indirectly affected by new actors and new drivers for buying property in these markets – as an investment.

This paper aims to show that the “mining boom” was only one stage of a more complete cycle, and the impacts of this resource cycle on housing were particularly nuanced. Even in the short term, the importance of housing market stability-particularly measured through availability and affordability is important to the wellbeing of a town, and the underlying community. During the most recent cycle, housing markets in Queensland mining towns were uniquely affected.

摘要

连续的采矿“热潮”在澳大利亚许多地方产生了广泛的长期社会经济影响。矿业繁荣直接或间接地影响了房地产市场。与采矿活动相关的城镇的住房供求水平发生了重大而快速的变化，并且发展的数量和类型发生了变化。昆士兰州最近的“矿业繁荣”影响了房地产市场的动态，在资源周期的各个阶段都产生了明显的影响。房地产市场还间接受到新参与者和新驱动因素的影响，这些新参与者和新驱动因素是在这些市场上购买房地产的一种投资。

本文旨在表明“采矿热潮”只是一个更完整周期的一个阶段，这一资源周期对住房的影响尤其细微。即使在短期内，住房市场稳定的重要性（尤其是通过可得性和可负担性来衡量）对于城镇和底层社区的福祉也很重要。在最近的周期中，昆士兰州采矿城镇的住房市场受到了独特的影响。