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Table 1. Hidden Homelessness and Risk of Homelessness, 1992 to 2006 <br /> 1992 1997 2003 2006 <br /> Households 375,018 396,008 410,795 435,818 <br /> Hidden Homeless 17,618 26,929 17,376 18,623 <br /> At-Risk 111,747 71,483 52,063 85,267 <br /> Persons 1,158,613 1,211,640 1,228,025 1,280,291 <br /> Hidden Homeless 90,506 144,022 94,967 96,648 <br /> At-Risk 322,755 220,734 151,606 262,021 <br /> Persons per Household 3.09 3.06 2.91 2.94 <br /> Hidden Homeless 5.14 5.35 5.47 5.19 <br /> At-Risk 2.89 3.10 2.91 3.07 <br /> The number of hidden homeless households has fluctuated since 1992. At this time the driving <br /> force behind hidden homelessness is not known. However, the level of hidden homelessness <br /> may be associated with home affordability and economic conditions. Figure 1 displays hidden <br /> homelessness, affordability, and unemployment rates to demonstrate this relationship. <br /> Figure 1. Hidden Homelessness and Selected Economic Factors- State of Hawaii <br /> 8.0% 120% <br /> 7.0% o <br /> 100/o <br /> x <br /> 6.0% o <br /> od N 5.0% 80% W <br /> 4.0% 60% <br /> O M 3.0% o <br /> 40/o p <br /> E 2.0% Q <br /> 1.0% 20% <br /> 0% <br /> 1992 1997 2003 2006 <br /> L.��–�tML—Hi'dden Homeless Unemployment Affordability <br /> Hidden homelessness tends to increase as home affordability drops. Affordability is defined as <br /> the ratio between the affordable housing price, or the price a buyer with the median household <br /> income could afford, and the actual median sale prices. A smaller affordability ratio means that <br /> homes are less affordable. As homes become less affordable, those with fewer economic <br /> resources are squeezed out of the ownership market. Those who are unable to afford housing <br /> may be forced to double-up or live in overcrowded units and add to the level of hidden <br /> homelessness. <br /> Hawaii Housing Policy Study,2006: Hidden Homeless and Households at Risk for Homelessness Page 2 <br /> ©SMS, Inc. February,2007 <br />