Posts Tagged ‘home ownership rates’

Thanks to everyone who submitted responses to the S.W.O.T. analysis thread. I’ve tried to look for some common ground among these posts, and I see a couple of areas where people’s comments overlap. One of the issues that came up in both the strengths and weaknesses category was our housing stock. I’ve always agreed with the idea that our neighborhoods are our most important asset, and it seems that most people do too. I also think that most would also agree that the average condition of our city’s homes is declining. I think the disagreements emerge when we start talking about what to do about it.

For a change of pace, I’ve decided to boil down some of the various strategies that I’ve picked up on through past blog discussions and put them into a  few polls. Feel free to comment on the various strategies and suggest new ones if you wish.

Here’s some stats on the housing situation in Amsterdam from the Comprehensive Plan. They are from 2000, but I think they can at least give us a little perspective on the situation.

Total residential parcels: 5,310
Single family residential parcels: 2,777
Multiple family residential parcels: 2,533
Total housing units: 9,277
Owner occupied housing units: 4,107
Renter occupied housing units: 3,876
Vacant: 1,294

Also,  a lot has written recently on the issue of buying a home vs renting a home. Here’s a good article (with good counter-points in the comments) which shows how home ownership rates and consumer sentiment toward home ownership have both been falling. I think it’s worth considering that even if the economy begins to improve, we may be seeing a cultural shift away from settling down permanently, and more toward remaining mobile. However, we’ve also discussed that owner occupied, single family homes are needed to stabilize our neighborhoods.  This new trend may have to be factored in as we discuss the best strategy for Amsterdam’s housing situation.