According to NAHB’s latest special study, households who recently changed addresses fall into a natural order: 1) Buyers of Newer Homes, 2) Buyers of Older Homes, 3) Renters of Newer Homes, and 4) Renters of Older Homes, As you move up the scale from 4 to 1, the following interrelated tendencies become evident: The movers have, on average, higher incomes. More of… Read More ›
Tag Archive for ‘renters’
Economic Well-Being of U.S. Households
The Federal Reserve Board recently released its Report on the Economic Well-Being of U.S. Households. The report provides results from the Board’s 2013 survey of households on topics that include household finances, housing and living arrangements, student loan debt, retirement, and health expenses. Respondents to the survey were asked a series of questions relevant to the housing market. A significant… Read More ›
HUD Study Finds 23.8 Million Homes Have Served Both Owners and Renters
A recent study commissioned by HUD used the American Housing Survey (AHS, funded by HUD & conducted in odd-numbered years by the Census Bureau) to look at how the stock of housing in the U.S. has evolved to serve different segments of the market over time. The study found that 23.8 million of the homes present in 2009 had switched… Read More ›
Top 2011 Posts: The Geography of Rent-Burdened Households
With the end of 2011 approaching, the contributors who work on NAHB’s Eye on Housing thought it would be useful to take a look at the updates that attracted the most readers over the last year. In October, we used Census data to examine the geography of “rent-burdened” households. The analysis indicated that 25% of renters were paying more than 50% of their income in… Read More ›