PROPERTY OWNERS AND MANAGERS SURVEY
                      MULTI FAMILY PROPERTIES:  LENGTH OF CURRENT MANAGEMENT
                                      TABLE 113
    
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    !                     !          !          TYPE OF MULTI FAMILY PROPERTY                   !
    !                     !          !__________________________________________________________!
    !                     !  TOTAL   !         !        !        !         !          ! 50 OR   !
    !                     ! UNITED   !         ! 3 TO 4 ! 5 TO 9 ! 10 TO 19! 20 TO 49 ! MORE    !
    !                     ! STATES   ! 2 UNITS ! UNITS  ! UNITS  !  UNITS  !  UNITS   ! UNITS   !
    !___________________________________________________________________________________________!
    !TOTAL UNITED STATES  ! 20584822 ! 3084750 !2471070 !1894445 ! 1467786 !  2223786 ! 9442986 !
    !___________________________________________________________________________________________!
    !LENGTH OF CURRENT    !          !         !        !        !         !          !         !
    !MANAGEMENT           !          !         !        !        !         !          !         !
    !_____________________!          !         !        !        !         !          !         !
    !WITH MANAGER OR      ! 13727031 !  530061 ! 661643 ! 752045 !  925326 !  1851259 ! 9006697 !
    !MANAGEMENT COMPANY*  !          !         !        !        !         !          !         !
    !___________________________________________________________________________________________!
    ! LESS THAN 1 YEAR    !  1462896 !   24655 !  59723 !  94923 !  104623 !   224021 !  954951 !
    !___________________________________________________________________________________________!
    ! 1 UP TO 3 YEARS     !  2494956 !   96688 ! 153061 ! 146041 !  184344 !   328891 ! 1585931 !
    !___________________________________________________________________________________________!
    ! 3 UP TO 5 YEARS     !  1735365 !   76852 ! 101245 ! 103165 !  126589 !   255918 ! 1071596 !
    !___________________________________________________________________________________________!
    ! 5 YEARS OR MORE     !  7537071 !  259768 ! 302875 ! 320757 !  446525 !   991074 ! 5216072 !
    !___________________________________________________________________________________________!
    ! NOT REPORTED*       !   496743 !   72098 !  44739 !  87159 !   63245 !    51355 !  178147 !
    !___________________________________________________________________________________________!
    !MANAGED BY OWNER     !  6857790 ! 2554689 !1809427 !1142399 !  542459 !   372527 !  436289 !
    !___________________________________________________________________________________________!
    
     *NOTE: Includes not reported for managment of property