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  • Halifean Rentap - 2020836444

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    This document contains a tutorial on forecasting population and housing needs over 5-year periods from 2005 to 2020. It includes tables showing: 1. The projected population and number of households needed for each 5-year period. 2. The existing and projected housing stock, replacement needs, and committed new housing supplies for each period. 3. A calculation of total housing supply, demand/needs, and over/undersupply for each 5-year period.

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    This document contains a tutorial on forecasting population and housing needs over 5-year periods from 2005 to 2020. It includes tables showing: 1. The projected population and number of households needed for each 5-year period. 2. The existing and projected housing stock, replacement needs, and committed new housing supplies for each period. 3. A calculation of total housing supply, demand/needs, and over/undersupply for each 5-year period.

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    © All Rights Reserved
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    5 views3 pages

    Halifean Rentap - 2020836444

    Uploaded by

    halifeanrentap
    This document contains a tutorial on forecasting population and housing needs over 5-year periods from 2005 to 2020. It includes tables showing: 1. The projected population and number of households needed for each 5-year period. 2. The existing and projected housing stock, replacement needs, and committed new housing supplies for each period. 3. A calculation of total housing supply, demand/needs, and over/undersupply for each 5-year period.

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    of 3

    TUTORIAL

    Table below shows the forecasting population every 5 years.


    i. Calculate the total number of household needs for every 5 years.

    Year 2005 2010 2015 2020


    s
    Population 2,888,590 3,216,221 3,589,013 3,997,879

    Household size 4.2 4.0 3.8 3.6


    687,760 804,055 944,477 1,110,522
    Total
    household
    TUTORIAL
    Table below shows the forecasting population every 5 years.
    ii. Based on the below table calculate the supply of housing for each 5 years
    Yea 2004 2005 2010 2015 2020
    r
    Housing Stock 762,708 755,081 811,370 928,722 1,106,527

    (-replacement 1%) 7,627 7,551 8,114 9,287 11,065

    Current housing 755,081 747,530 803,256 919,435 1,095,462

    Committed supply - 63,840 125,466 187,092 248,718

    Total Supply 755081 811,370 928,722 1,106,527 1,344,180


    TUTORIAL
    Table below shows the forecasting population every 5 years.
    iii. Calculate the total housing needs for each 5 years.
    Years 2004 2005 2010 2015 2020
    Total supply 746474 747530 803,256 919,435 1,095,462

    Needs/ 686274 687,760 804,055 944,477 1,110,522


    demand
    Oversupply 60200 59,770 -799 -25,042 -15,060

    Total 686,274 687,760 804,055 944,477 1,110,522


    Demand/Ne
    ed

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