Key Findings on the Affordability of Rental Housing from New York City’s HVS 2008


Publication Date: June 2009

Publisher: Furman Center for Real Estate

Author(s): Furman Center for Real Estate and Urban Policy

Research Area: Social conditions

Keywords: vacancy rate; Affordable Housing

Type: White Paper

Abstract:

Every three years, the U.S. Census Bureau releases the New York City Housing and Vacancy Survey (HVS), which assesses changes in various aspects of New York City’s housing and neighborhoods. The primary goal of the survey is to estimate the rental vacancy rate in the City, but the survey also provides valuable insight into other trends in the housing stock. However, the data are released in a format that is hard to understand without statistical software. In order to make the findings available to a wider audience, we have analyzed the data about New York City’s neighborhoods and compiled this summary of noteworthy trends.