• Lawler: Single Family Rental Market Share Shrunk Significantly in 2017

    7 days ago - By Calculated Risk

    From housing economist Tom Lawler: Single Family Rental Market Share Shrunk Significantly in 2017
    ACS estimates suggest that the renter-occupied share of total occupied single-family detached homes fell to 16.13% in 2017 from 16.76% in 2016. This renter share was the lowest since 2011.
    The ACS estimate of the number of renter-occupied single-family detached homes in 2017 was 12,172,265, down 294,869 from 2016.
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  • Lawler: Household Estimates Conundrum Alive and Well

    Lawler: Household Estimates Conundrum Alive and Well

    7 days ago - By Calculated Risk

    From housing economist Tom Lawler: Household Estimates Conundrum Alive and Well
    One of the most vexing government data issues facing housing economists is the lack of any timely and reliable estimates of the number of US households. To be sure, there is no shortage of household estimates: in addition to the decennial Census counts, Census releases four different estimates of the number of US households. Unfortunately, the estimates not only differ materially, but also show different characteristics of households and often show different growth rates over time.
    This issue, labeled by Census...
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