Laserfiche WebLink
_1 <br /> I <br /> CONTENTS <br /> I. INTRODUCTION 1 I <br /> A. BACKGROUND 1 <br /> B. PURPOSE 1 <br /> I <br /> C. METHODS 1 <br /> D. REPORT STRUCTURE 2 <br /> II. CURRENT HOUSING SITUATION IN HAWAII 3 3 <br /> A. HOUSING SUPPLY IN HAWAII 3 <br /> 1. Current Housing Stock 3 <br /> a. Housing Stock Size 4 <br /> b. Trends in Housing Stock, 2000-2014 4 <br /> c. Homeownership 6 <br /> d. Shelter Cost & Shelter-to-Income Ratios 7 <br /> e. Crowding and Doubling-up 8 <br /> f. Age and Condition of Units 9 <br /> 2. Housing Production 9 <br /> a. Housing Stock Growth, 1990-2014 10 <br /> b. Impediments to Production 11 <br /> B. HOUSING DEMAND IN HAWAII 13 <br /> 1. Historic Demand 13 <br /> a. Population and Growth Rates 13 <br /> b. Components of Population Growth 14 <br /> c. Households and Household Size 15 <br /> 2. Demand for Residential Property by Persons Living Out-of-State 16 <br /> a. External Demand and Vacancy Rates 17 <br /> b. Impact of Out-of-State Sales on Needed Residential Units 18 <br /> 3. Survey Demand Estimates 18 <br /> a. Raw Demand 18 <br /> b. Effective Demand 20 <br /> c. Qualified Demand 20 <br /> 4. Housing Preferences (Buyers & Renters) 21 <br /> a. Households Planning to Buy 21 <br /> b. Households Planning to Rent 23 <br /> 5. Housing Preferences 24 <br /> a. For Owned Units 24 <br /> b. For Rented Units 24 <br /> C. HOUSING PRICES 24 <br /> 1. Sales Prices 25 <br /> a. Impact of High House Prices 26 <br /> 2. Rents 273 <br /> 3. Affordable Housing 28 <br /> Hawaii HousingPlanningStudy,2016 Page in <br /> I <br /> ©SMS,Inc December,2016 <br /> 1 <br />