Investor Presentaiton
TAKEAWAY: PROJECTIONS
Aging baby boomers will be a significant demographic driver of housing needs.
Projections suggest an increase in the number of lower income households which suggests the
need for affordable housing to meet needs of lower income households and seniors.
⚫Projections suggest more modest housing needs than recent building trend.
•Projections suggest current inventory of housing and future housing needs are reasonably
well aligned.
.
However, need to keep in mind how the model works.
• Model is based on housing “need” based on population characteristic, projected changes in
population and gross housing numbers
The model does not take into consideration market conditions or characteristics of the
existing housing inventory.
⚫ Future needs are based on historic relationships, and those relationships are assumed to be
in equilibrium and constant.
⚫ Model is not scenario driven.View entire presentation