A cross-tabulation showing the year a housing unit was built (e.g., before 1939, 2010 or later), categorized by whether it is owner-occupied or renter-occupied.
Reveals if older or newer housing stock is predominantly owned or rented. This highlights differences in housing stability, investment patterns, and the characteristics of owner vs. renter properties by age.
Specific Relevance for Professionals:
Marketers
Enables precise targeting for services. For example, promoting renovation loans to owners of older homes, or smart home technology to renters in newer buildings, aligning offerings with tenure and housing age.
Researchers
Fundamental for studying housing market dynamics, investment in rental properties vs. owner-occupied homes by age of structure, and the impact of housing age on residential stability for different tenure types.
Consultants
Useful for advising real estate developers on market segments for renovation projects (older owned homes) or new rental constructions.
Public Policy Workers
Important for informing housing policies related to maintaining older housing stock, encouraging new construction, and understanding housing affordability challenges for renters in older versus newer buildings.