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  • June 5, 2008 at 2:35 PM #217810
    DWCAP
    Participant

    While I agree with what FSD has said, we need to be alittle carefull in equating populations. Population demographics are not the same between those moving in and those moving out. Immigrants tend to live more to a house/apt than Americans, so demand is not necessary rising just because population is. Number of households may be a better indicator of overall housing demand than total population. I dont know where to get total number of households, I am sure it is in the gov data, but I dont care to spend much time looking.

    June 5, 2008 at 2:40 PM #217653
    bjensen
    Participant

    We had an interesting thread that BobS, Rich and others joined in on regarding rents. You might want to check it out…

    http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

    June 5, 2008 at 2:40 PM #217742
    bjensen
    Participant

    We had an interesting thread that BobS, Rich and others joined in on regarding rents. You might want to check it out…

    http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

    June 5, 2008 at 2:40 PM #217765
    bjensen
    Participant

    We had an interesting thread that BobS, Rich and others joined in on regarding rents. You might want to check it out…

    http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

    June 5, 2008 at 2:40 PM #217791
    bjensen
    Participant

    We had an interesting thread that BobS, Rich and others joined in on regarding rents. You might want to check it out…

    http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

    June 5, 2008 at 2:40 PM #217815
    bjensen
    Participant

    We had an interesting thread that BobS, Rich and others joined in on regarding rents. You might want to check it out…

    http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

    June 5, 2008 at 3:04 PM #217689
    (former)FormerSanDiegan
    Participant

    Population demographics are not the same between those moving in and those moving out. Immigrants tend to live more to a house/apt than Americans, so demand is not necessary rising just because population is.

    According to the Census bureau here are the numbers for average household size in San Diego county

    2000: 2.73

    2006: 2.72

    During this period …
    The net population increased by 127,000 people
    The net outmigration was about 100,000 people.

    Therefore this included an increase of 227,000 people solely due to foreign immigration and birth. These are likely heavily weighted toward immigrants from Latin America and births of those with Latin-American heritage.

    227,000 is over 10% of the county population. Yet, this large demographic shift results in less than 1/2 of 1% change in the size of households.

    Therefore, the anecdotal observation that immigrants live more to a household is not reflected in actual data.

    Sources:
    1. Census Bureau – http://factfinder.census.gov/home/saff/main.html?_lang=en

    2. U-T Article cited previously in this thread with respect to net migration.

    June 5, 2008 at 3:04 PM #217777
    (former)FormerSanDiegan
    Participant

    Population demographics are not the same between those moving in and those moving out. Immigrants tend to live more to a house/apt than Americans, so demand is not necessary rising just because population is.

    According to the Census bureau here are the numbers for average household size in San Diego county

    2000: 2.73

    2006: 2.72

    During this period …
    The net population increased by 127,000 people
    The net outmigration was about 100,000 people.

    Therefore this included an increase of 227,000 people solely due to foreign immigration and birth. These are likely heavily weighted toward immigrants from Latin America and births of those with Latin-American heritage.

    227,000 is over 10% of the county population. Yet, this large demographic shift results in less than 1/2 of 1% change in the size of households.

    Therefore, the anecdotal observation that immigrants live more to a household is not reflected in actual data.

    Sources:
    1. Census Bureau – http://factfinder.census.gov/home/saff/main.html?_lang=en

    2. U-T Article cited previously in this thread with respect to net migration.

    June 5, 2008 at 3:04 PM #217799
    (former)FormerSanDiegan
    Participant

    Population demographics are not the same between those moving in and those moving out. Immigrants tend to live more to a house/apt than Americans, so demand is not necessary rising just because population is.

    According to the Census bureau here are the numbers for average household size in San Diego county

    2000: 2.73

    2006: 2.72

    During this period …
    The net population increased by 127,000 people
    The net outmigration was about 100,000 people.

    Therefore this included an increase of 227,000 people solely due to foreign immigration and birth. These are likely heavily weighted toward immigrants from Latin America and births of those with Latin-American heritage.

    227,000 is over 10% of the county population. Yet, this large demographic shift results in less than 1/2 of 1% change in the size of households.

    Therefore, the anecdotal observation that immigrants live more to a household is not reflected in actual data.

    Sources:
    1. Census Bureau – http://factfinder.census.gov/home/saff/main.html?_lang=en

    2. U-T Article cited previously in this thread with respect to net migration.

    June 5, 2008 at 3:04 PM #217827
    (former)FormerSanDiegan
    Participant

    Population demographics are not the same between those moving in and those moving out. Immigrants tend to live more to a house/apt than Americans, so demand is not necessary rising just because population is.

    According to the Census bureau here are the numbers for average household size in San Diego county

    2000: 2.73

    2006: 2.72

    During this period …
    The net population increased by 127,000 people
    The net outmigration was about 100,000 people.

    Therefore this included an increase of 227,000 people solely due to foreign immigration and birth. These are likely heavily weighted toward immigrants from Latin America and births of those with Latin-American heritage.

    227,000 is over 10% of the county population. Yet, this large demographic shift results in less than 1/2 of 1% change in the size of households.

    Therefore, the anecdotal observation that immigrants live more to a household is not reflected in actual data.

    Sources:
    1. Census Bureau – http://factfinder.census.gov/home/saff/main.html?_lang=en

    2. U-T Article cited previously in this thread with respect to net migration.

    June 5, 2008 at 3:04 PM #217850
    (former)FormerSanDiegan
    Participant

    Population demographics are not the same between those moving in and those moving out. Immigrants tend to live more to a house/apt than Americans, so demand is not necessary rising just because population is.

    According to the Census bureau here are the numbers for average household size in San Diego county

    2000: 2.73

    2006: 2.72

    During this period …
    The net population increased by 127,000 people
    The net outmigration was about 100,000 people.

    Therefore this included an increase of 227,000 people solely due to foreign immigration and birth. These are likely heavily weighted toward immigrants from Latin America and births of those with Latin-American heritage.

    227,000 is over 10% of the county population. Yet, this large demographic shift results in less than 1/2 of 1% change in the size of households.

    Therefore, the anecdotal observation that immigrants live more to a household is not reflected in actual data.

    Sources:
    1. Census Bureau – http://factfinder.census.gov/home/saff/main.html?_lang=en

    2. U-T Article cited previously in this thread with respect to net migration.

    June 5, 2008 at 6:13 PM #217843
    DWCAP
    Participant

    huh, thanks FSD, good to know. In SD’s case, I guess it has remained the same.

    June 5, 2008 at 6:13 PM #217931
    DWCAP
    Participant

    huh, thanks FSD, good to know. In SD’s case, I guess it has remained the same.

    June 5, 2008 at 6:13 PM #217954
    DWCAP
    Participant

    huh, thanks FSD, good to know. In SD’s case, I guess it has remained the same.

    June 5, 2008 at 6:13 PM #217983
    DWCAP
    Participant

    huh, thanks FSD, good to know. In SD’s case, I guess it has remained the same.

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