Who Lives in New Housing?
And this in turn helps explain the age distribution of people who live in new homes. The AHS data indicate large relative shares for new housing with respect to households headed by people aged 30 to 44. And it is worth noting, this is the age segment for whom, as a share of household income, the mortgage interest deduction offers the largest benefits. It is also prime parenting years. Renting households tend to be younger and owner-occupiers as a class tend to be older.
Overall, 78% of heads of households who live in new construction are aged 54 or younger, compared to 56% for all owner-occupied housing. However, these statistics may change in the coming years as more 50+ new housing construction gains strength.
Pontarion II #1 Top Selling Luxury House Plan
As the first quarter of 2012 came to a close, Pontarion II, for the fourth year, continued to be the top selling luxury house plan! Other top sellers shown are from top to bottom:
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