Investor Presentaiton
HOUSING NEEDS MODEL ASSUMPTIONS
Project population with a standard cohort model.
• Apply historic distributions of various householder characteristics (age, income,
tenure) to population projections to project characteristics of future householders.
⚫ Historic relationship between households (also referred to as occupied housing), and
total number of housing units was used to project future housing needs.
Assumptions:
⚫Historic trends will remain stable over the study period.
•
The current inventory of housing is adequate (neither surplus or shortage) and meets housing needs.
Model does not take into consideration consumer preferences nor potential changes in population or
housing needs based on potential changes in demographic or economic conditions.View entire presentation