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Use the table below to answer the following questions. Market 2022 Households 2026 Households Current # of Apartment Units Add'l Apartment Units by 2026 Current
Use the table below to answer the following questions.
Market | 2022 Households | 2026 Households | Current # of Apartment Units | Add'l Apartment Units by 2026 | Current Apartment Vacancy | Percent of HHs who are renters |
---|---|---|---|---|---|---|
San Francisco | 367,000 | 385,350 | 203,889 | 26,000 | 1% | 55% |
Mountain View | 49,000 | 53,900 | 15,474 | 1,450 | 5% | 30% |
San Jose | 344,000 | 361,200 | 91,489 | 3,000 | 6% | 25% |
Oakland | 163,000 | 198,860 | 111,136 | 16,000 | 12% | 60% |
a. Which market would you most strongly advise the developer to target? Why? b. Which market would you most strongly advise against? Why?
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