Halbert Economics housing approach traces its roots to HUD-FHA techniques of analysis, correlating changes in employment, people, households, and housing units typically at the county level. Migration by age group is factored into the calculations for each market. These techniques were first published by HUD-FHA more than 40 years ago, when “urban economics” as a discipline was in its infancy.

Detailed demand estimates by sales price and rent levels in a particular local market are available from Halbert Economics. Sub-county estimates are typically based on a drive-time analysis or a group of zip codes, and are derived from county controlled totals. The housing requirements of seniors are calculated as a specialized segment of the overall housing market. As a result, the demand estimates for the general sales market, the general rental market, and the various seniors segments are internally consistent.

Our analysis is based on Microeconomic principles, combining incentives, constraints, and transaction costs to predict the outcomes of individual choice. In the senior’s housing area, this translates to few companies supplying many products into a market, tending toward monopolistic competition.