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Q: Percentage of change in single family homes being used as rentals over 20 years ( No Answer,   1 Comment )
Question  
Subject: Percentage of change in single family homes being used as rentals over 20 years
Category: Business and Money > Economics
Asked by: houseguy777-ga
List Price: $10.00
Posted: 23 Oct 2004 11:54 PDT
Expires: 22 Nov 2004 10:54 PST
Question ID: 418998
What is the percentage of renter occupied single family homes in the
US and how has that percentage changed(moved up or down) over the last
twenty years? Taking in to account the overall growth of the housing
stock and the percentage of home ownership which is always reported to
be "at an all time high."

 My interest is a comparsion, side by side AND YEAR BY YEAR, of the
ACTUAL numbers of single family homes being rented---going back twenty
years--and it's comparison to the addition of new homes which are
being added. I would like both actual numbers and percentages too.

The theory is that even though we are adding units and the percentage
of home ownership appears to be growing that the actual number of
homes being bought for rentals is steadly increasing faster than both
the population growth percentages AND the census figures that SAY home
ownership PERCENTAGES are growing.

 Not being taken into account are the multi unit buildings being
called "rentals". Thus squewing the results. Let me make it clear....I
am ONLY interested in the changes in SINGLE FAMILY HOME RENTALS.

I would like references to the census information used or whatever info was used.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Percentage of change in single family homes being used as rentals over 20 years
From: neilzero-ga on 25 Oct 2004 04:42 PDT
 
Like so many things, government has confused the statistics since 1984
and earlier. My guess is the percentage of families in single family
homes and the percentage rented to families has changed little. The
number of "single persons" renting family type houses may have doubled
since 1984, mostly because of variations on shacking up, and gay
couples. The rental business has become less profitable in most
locations, due to legal decisions and government rules and practices.
New construction of single family homes is up sharply as the number of
persons per house has decreased, and increased illegal immigration has
maintained the population growth of shortly before 1984.  Neil

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