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Population Growth and Housing in California. Hans Johnson Public Policy Institute of California johnson@ppic.org. Outline. Demographic determinants of housing demand Population changes for key groups Regional patterns Public opinion.
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Population Growth and Housing in California Hans JohnsonPublic Policy Institute of California johnson@ppic.org
Outline • Demographic determinants of housing demand • Population changes for key groups • Regional patterns • Public opinion
Average Annual Population Change and New Housing Units by Decade
Average Annual Population Change and New Housing Units by Decade
Average Annual Population Change and New Housing Units by Decade
Why the mismatch between population growth and housing? • Insufficient supply of new housing • Not all population growth is equal with respect to generating housing demand: • Children do not form their own households • Young adults have low household formation rates • Immigrants and Latinos tend to have higher family and household sizes
Householder rates vary by age Probability of Being a Householder by Age, California 2001 50.0% 45.0% 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 18-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 65-74 75+
Householder rates vary by nativity and ethnicity Age standardized householder rates among adults in 2000
Outline • Demographic determinants of housing demand • Population changes for key groups • Regional patterns • Public opinion
Absolute population growth will be strong this decade Historic and Projected Decennial Change in California’s Population
Increase in adult population was much lower in the 1990s than in the 1980s, but…
…projections show strong growth in adult populations in the next two decades
Growth in U.S.-born population alsoslowed substantially, but…
…second generation will reach prime household formation ages Population by immigrant generation, 2000
Outline • Demographic determinants of housing demand • Population changes for key groups • Regional patterns • Public opinion
Median Rents in Counties with High Rent Burdens Source: PPIC tabulations of 2000 census; includes counties with at least 37 percent of renters paying at least 35 percent of income on rent
Outline • Demographic determinants of housing demand • Population changes for key groups • Regional patterns • Public opinion
Confidence in state government’sability to plan for future growth is low How much confidence do you have in the state government’s Ability to plan for the state’s future and growth?
Percent who say the following problems will get worse by 2025
Ratio of Population Change to New Housing Units Authorized, 1963-2004
Population Change and New Housing Units Authorized, 1963-2004