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The Evolving Rental Housing Market in New Jersey: Retrospective and Prospective

Descriptive

TypeOfResource
Text
TitleInfo
Title
The Evolving Rental Housing Market in New Jersey: Retrospective and Prospective
Name (type = personal)
NamePart (type = family)
Hughes
NamePart (type = given)
James W.
Affiliation
Dean's Office (Edward J. Bloustein School of Planning and Public Policy), Rutgers University
Role
RoleTerm (type = text); (authority = marcrt)
author
Name (type = personal)
NamePart (type = family)
Seneca
NamePart (type = given)
Joseph J.
Affiliation
Exec VP for Academic Affairs, Rutgers University
Role
RoleTerm (type = text); (authority = marcrt)
author
Genre (authority = RULIB-FS)
Other Publication
Genre (authority = NISO JAV)
Version of Record (VoR)
Note (type = version identification)
This report was published as Issue Paper Number 32, November 2012, in Rutgers Regional Report.
OriginInfo
DateCreated (encoding = w3cdtf); (qualifier = exact); (keyDate = yes)
2012
Publisher
Edward J. Bloustein School of Planning and Public Policy
Abstract (type = Abstract)
A tsunami of demographic and economic forces has redefined the demand for rental housing in New Jersey. A rental focus has now supplanted the long-standing homeownership frenzy that finally expired with the bursting of the home-price bubble and the global credit crisis. In order to gain perspective on this recent transformation of the state’s housing market, it is useful to examine the long-term history of rental housing in New Jersey. That is the purpose of this report.

The first three sections briefly set the current demographic and economic stage. Section 1 reviews the fundamental demographic influences on the demand for rental housing that have deeply affected the industry. Section 2 discusses the interface between these demographic factors, their effect on household income, and hence the demand for rental housing. Section 3 reviews the profound impact of new macroeconomic conditions on housing markets in general and the implications for rental housing. With this background, section 4 provides both an overview of the history of rental housing in New Jersey and a detailed description of the phases of its evolution. Section 5 provides a concluding discussion on the outlook for rental housing.
Language
LanguageTerm (authority = ISO 639-3:2007); (type = text)
English
PhysicalDescription
InternetMediaType
application/pdf
Extent
16 p.
Subject (authority = LCSH)
Topic
Rental housing
Subject (authority = LCSH)
Topic
Housing
Subject (authority = local)
Topic
Economy
Subject (authority = LCSH)
Topic
Demography
Subject (authority = LCSH)
Topic
Home ownership
Subject (authority = lcsh/lcnaf)
Geographic
New Jersey
Subject (authority = lcsh/lcnaf)
Geographic
New Jersey--Economic conditions
Name (type = corporate); (authority = RutgersOrg-School)
NamePart
Edward J. Bloustein School of Planning and Public Policy
Name (type = corporate); (authority = RutgersOrg-Department)
NamePart
Dean's Office (Edward J. Bloustein School of Planning and Public Policy)
RelatedItem (type = host)
TitleInfo
Title
Seneca, Joseph J.
Identifier (type = local)
rucore30154400001
Extension
DescriptiveEvent
Type
Citation
DateTime (encoding = w3cdtf)
2012
AssociatedObject
Type
Journal
Relationship
Has part
Name
Rutgers Regional Report
Identifier (type = volume and issue)
32
Reference (type = digital)
http://policy.rutgers.edu/reports/rrr/RRRNov12.pdf
Detail
1-16
RelatedItem (type = host)
TitleInfo
Title
Hughes James W. Collection
Identifier (type = local)
rucore30150500001
Location
PhysicalLocation (authority = marcorg); (displayLabel = Rutgers, The State University of New Jersey)
NjNbRU
Identifier (type = doi)
doi:10.7282/T31Z461H
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Rights

RightsHolder (type = personal)
Name
FamilyName
Hughes
GivenName
James
MiddleName
W.
Role
Copyright holder
RightsDeclaration (AUTHORITY = FS); (ID = rulibRdec0004)
Copyright for scholarly resources published in RUcore is retained by the copyright holder. By virtue of its appearance in this open access medium, you are free to use this resource, with proper attribution, in educational and other non-commercial settings. Other uses, such as reproduction or republication, may require the permission of the copyright holder.
Copyright
Status
Copyright protected
Availability
Status
Open
Reason
Permission or license
RightsEvent
Type
Permission or license
AssociatedObject
Type
License
Name
Multiple author license v. 1
Detail
I hereby grant to Rutgers, The State University of New Jersey (Rutgers) the non-exclusive right to retain, reproduce, and distribute the deposited work (Work) in whole or in part, in and from its electronic format, without fee. This agreement does not represent a transfer of copyright to Rutgers.Rutgers may make and keep more than one copy of the Work for purposes of security, backup, preservation, and access and may migrate the Work to any medium or format for the purpose of preservation and access in the future. Rutgers will not make any alteration, other than as allowed by this agreement, to the Work.I represent and warrant to Rutgers that the Work is my original work. I also represent that the Work does not, to the best of my knowledge, infringe or violate any rights of others.I further represent and warrant that I have obtained all necessary rights to permit Rutgers to reproduce and distribute the Work and that any third-party owned content is clearly identified and acknowledged within the Work.By granting this license, I acknowledge that I have read and agreed to the terms of this agreement and all related RUcore and Rutgers policies.
RightsHolder (type = personal)
Name
FamilyName
Seneca
GivenName
Joseph
MiddleName
J.
Role
Copyright holder
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Technical

RULTechMD (ID = TECHNICAL1)
ContentModel
Document
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