Degree Name
Master of Arts
Graduate Program
Economics
Advisor
Gilbert, Scott
Abstract
This research paper empirically examines owner occupied residential vacancies in the United States. The research conducted analyzes a metric known as the homeowner vacancy rate. The homeowner vacancy rate represents the percentage of vacant homeowner units that are available for sale. This metric offers valuable insights into supply and demand dynamics of housing units. As several variables are examined, the study determines significant factors that influence the homeowner vacancy rate. This is used to unveil the underlying drivers of housing supply and demand. The paper further elaborates on the implications of the homeowner vacancy rate and showcases the significant factors affecting this metric, underlying its importance in comprehending housing market dynamics and trends.