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Room, Board & Dorm Housing in the US
IBISWorld, February 2010, Pages: 31
The industry comprises establishments primarily engaged in operating rooming and boarding houses and similar facilities, such as fraternity houses, sorority houses, off-campus dormitories, residential clubs and workers' camps. These establishments provide temporary or longer-term accommodation which, for the period of occupancy, may serve as a principal residence. These establishments also may provide complementary services, such as housekeeping, meals and laundry services. In more detail, a rooming house is any building in which renters occupy single rooms and share kitchens, bathrooms and common areas. The building may be a converted single-family house, a converted hotel or hostel or a purpose-built structure. Rooming houses may have as little as three rooms to rent to more than a hundred. Boarding houses offer tenants food and other services in addition to accommodation. Major tenants of rooming and boarding houses include: people on social security, people on minimum wage jobs, new immigrants, farm workers, refugees, elderly on low income, the disabled, students and people with alcohol or other substance dependency or mental health problems. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Executive Summary
Stark imbalances: no room to move
A number of factors are likely to mount pressure on rental rates, far in excess of inflation and any increase in wages and benefits. This may act to further exacerbate existing low rental accommodation and access rates, while forecast low economic growth is expected to put further stress on demand for low income housing. Falling real residential and general property prices may help to take some of the pressure off the industry, however supply and demand imbalances will continue to hinder this industry.
INDUSTRY DEFINITION
Industry Definition
Activities (Products and Services)
Similar Industries
Demand and Supply Industries
KEY STATISTICS
Current Prices Table
Constant Prices Table (applicable deflator applied)
Real Growth Table
Ratio Table
Graphs
Statistics Available: Revenue, Industry Gross Product, Enterprises, Establishments, Employment, Imports, Exports, Assets, Total Wages, Domestic Demand
SEGMENTATION
Products and Service Segmentation
Major Market Segments
Industry Concentration
Geographic Spread
MARKET CHARACTERISTICS
Market Size
Linkages
Downstream Industries
Upstream Industries
Demand Determinants
Domestic and International Markets
Basis of Competition
Life Cycle
INDUSTRY CONDITIONS
Barriers to Entry
Taxation
Industry Assistance
Regulation and Deregulation
Cost Structure
Capital and Labor Intensity
Technology and Systems
Industry Volatility
Globalization
KEY FACTORS
Key Sensitivities
Key Success Factors
KEY COMPETITORS
Major Players Market Share
Player Performance Analysis
Other Players
INDUSTRY PERFORMANCE
Current Performance Analysis with data series
Historical Performance Analysis
OUTLOOK
Industry Forecast Analysis with five year forecast data series
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