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~UANTITATIVE AND QUALITATIVe. DEMAND <br /> <br /> The demand for housing denotes the people side of the <br /> housing market. It refers to the characteristics and behavior <br /> of the more than 183,000 persons who occupy the Santa Aha hous- <br /> ing stock. About 86 percent of our people in Santa Ana and <br /> 89 percent in Orange'County are conventional families consist- <br /> ing of married people and their offspring. The rest are com- <br /> posed of single persons, unmarried adults, divorced and <br /> widowed people, and a currently small but growing number of <br /> individuals who are members of primary groups like communes <br /> which do not fit the standard categories of thepast. In their <br /> countless diversity, these households and the persons attracted <br /> to Santa Aha in the future produce.the demand for dwellings. <br /> <br /> Conventionally, the housing market is divided into sub- <br />markets according to certain key characteristics on the demand <br />side. Three of these dominate all discussion: income, size <br />of the household group, and tenure. .(Actually, the last cham- <br />acteristic which separates people into renters and homeowners <br />separates equally sharply the housing stock into owned and rented <br />dwellings, so perhaps it is more accurately an aspect of the <br />latter.) Other dimensions used in discussing demand include <br />such things as social class and life-cycle (people's housing <br />needs and preferences change as they become adults, convention- <br />ally marry, have children, see them grow up, then themselves- <br />age and die). <br /> <br /> This section of Chapter V defines some of the satisfac- <br />tions sought by the multifarious consumers of housing and <br />focuses attention on their preferences and behavior and on <br />the forces which shape them. At the aggregate level, the demand <br />for housing in Santa Aha has obediently followed the extra- <br />ordinary demographic changes which have flowed across older <br />cities in Orange County like a series of tidal Waves. <br /> <br /> The crisis in the Santa Aha and Orange County Housing - <br />Market Areas has passed beyond a mere matter of the number of <br />available units. It has become a social and economic crisis, <br />as well as a numbers problem. <br /> <br /> ProsPects for the future are dim. Homeownership is <br />becoming a luxury available to a smaller and smaller segment of <br />the residents of both Santa Aha and Orange County. As illus- <br />trated by previous statistics, approximately S0 percent of the <br />families presently living in Santa Aha are unable to afford <br />to purchase a $30,000 home under present housing expenditures <br />and conventional finance requirements. At the <br />same time, rents rise higher and higher, so <br />that adequately-sized rental units are less <br />likely to be a financially-favorable alternative <br />to home ownershiB. <br /> <br />O0008t <br /> <br /> <br />