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TABLE 33 <br /> VACANCY RATES <br /> Buena Park 0.7 <br /> Garden Grove 1.4 <br /> Orange 1.3 <br /> Westminster 0.9 <br /> Anaheim 2.0 <br /> Source: State of California, Employment Development <br /> Department, Annual Planning Information, <br /> 1980-81. <br />C' <br /> Housing Costs <br />C <br /> The results of housing demand exceeding the supply has been a <br />L low vacancy rate and high prices. A consequence of the disparity <br /> between supply and demand is that homebuyers in the SCAG region paid an <br /> average of $124,000 for a single home in 1980. This exceeded the <br /> national average by more than $29,O00.* It is apparent that the low <br /> income levels of the occupati6n categories previously listed, even when <br />I.z <br /> combined with a second income, would prevent most families from purchas- <br /> ing a home in Orange County. As a result most employees would be <br /> restricted to the rental market to satisfy their housing needs. <br /> Table 34 illustrates housing costs for the City of Santa Ana <br /> and other cities in the Central Orange County area. <br />- I <br /> Table 35 presents the price of housing and rents afford- <br /> able for various income levels. Realistically, families with incomes <br /> under $30,000 a year would not qualify to purchase a house in Orange <br /> County, unless assistance is provided. <br />I' * SCAG, 1979-80 Report of the Southern California Association of <br /> Governments. <br /> 161