QUESTION
What information can HPD provide on the distress in vacant, rent-stabilized housing, and how many rent-stabilized units are in the sample?
1:45:38
·
94 sec
HPD increased its housing survey sample to 15,000 units in 2023, with rent-stabilized units comprising 40% of the sample, tailored to accurately represent the entirety of rent-stabilized housing.
- The 2023 survey sample size is up from 12,000 units in 2021, reflecting pre-pandemic levels.
- Rent-stabilized housing accounts for over 25% of the total housing supply.
- The increase in sample size from 2021 to 2023 primarily consisted of rent-stabilized units, aiming for an oversample to enhance representation.
- The specific selection and weighting of rent-stabilized units in the survey are designed to reflect all rent-stabilized accommodations accurately.
Pierina Ana Sanchez
1:45:38
Is there any description that HPD can share about the kind of distress that we see in rent stabilized housing that is vacant.
1:45:49
I asked about run stabilized units, how many in particular are in within the sample?
1:45:56
And finally
Elyzabeth Gaumer
1:45:57
I just that that one I can answer I think quickly, you said run stabilized units in our sample?
1:46:02
That was the question.
Pierina Ana Sanchez
1:46:03
Mhmm.
Elyzabeth Gaumer
1:46:04
So as I think I said in my test Monique.
1:46:07
For 23, we increased our overall sample back to pre pandemic levels, but we now have a sample of about 15,000 housing units.
1:46:16
In 21, we were down to 12,000, right, to protect health and safety of the folks out there doing our survey and responding to our survey.
1:46:24
So rent stabilization is about a little over 25% of the total housing supply.
1:46:32
And in 21, so when we had our smaller sample, we had 25% sample of unstabilized units, so about 3000.
1:46:44
We then between 2123 are in higher increase of 3000 units was all rent stabilized units, right, so that we would have an oversight pretty dramatic over sample.
1:46:54
So that's means that 40% of the sample drawn for the 23 survey as Rensday was.
1:47:02
And again, those are weighted specifically selected to represent every rent stabilized unit and weighted to reflect that in our data.
Pierina Ana Sanchez
1:47:12
Thank you.