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These variables included the size of a census tract's noncitizen population, the proportion of renters, residents living in the same residence < 5 years, unemployment rate, vacancy rate, and nighttime temperature (Chow et al. 2012; Harlan et al. 2013; Klinenberg 2002).
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Interest rates and vacancy rates are still at record lows, while rents continue to skyrocket.
Another limitation to this study was that the exceptional rate of vacancy at the upazila levels.
The magnitude of the shortage can be seen in health worker density rates and workforce vacancy rates.
And there's tremendous pressure on rental rates and vacancy.
The HVS reports renter vacancy rate and homeowner vacancy rate by "units in structure," but excludes vacant homes held off the market.
Unlike the "renter vacancy rate" and "homeowner vacancy rate" reported by the Census Bureau, our vacancy measure for each type -- single-family and multi-unit -- includes vacant homes held off the market, which is essential for understanding today's housing market.
Rental rates are holding up, and vacancy rates are staying down in the state, he noted.
The homeowner vacancy rate was 2.3%; the rental vacancy rate was 5.4%.
Not so anymore, considering the rising rates of vacancies and bankruptcies.
A high vacancy rate might not imply less need for construction provided that the vacancy rate is low in areas with strong population growth and housing demand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com