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6.3.A. - Page 65 <br />Housing Market Analysis <br />MA -05 Overview <br />Housing Market Analysis Overview: <br />A community's housing stock is defined as the collection of all housing units located within the <br />jurisdiction. The characteristics of the housing stock, including growth, tenure, vacancy rates, age, <br />condition, and cost are important in determining the housing need for the community. This section <br />details the housing stock characteristics of Redwood City in an attempt to identify how well the current <br />housing stock meets the needs of the current and future residents. A continuing priority in Redwood <br />City is enhancing and maintaining quality of life for our residents. Quality of life in Redwood City can be <br />influenced by the extent of housing problems experienced, including the condition of housing, <br />overcrowding issues, and overpayment. <br />Consolidated Plan REDWOOD CITY 62 <br />OMB Control No: 2506-0117 (exp. 07/31/2015) <br />