PROPERTY OWNERS AND MANAGERS SURVEY MULTI FAMILY PROPERTIES: MAIN REASON FOR CONTINUING TO OWN THE PROPERTY - TABLE 80 ___________________________________________________________________________________________ ! ! ! 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 ! !___________________________________________________________________________________________! !MAIN REASON FOR ! ! ! ! ! ! ! ! !CONTINUING TO OWN THE! ! ! ! ! ! ! ! !PROPERTY ! ! ! ! ! ! ! ! !_____________________! ! ! ! ! ! ! ! !AS RESIDENCE ! 1111792 ! 634186 ! 324245 ! 84029 ! 2746 ! 32605 ! 33981 ! !___________________________________________________________________________________________! !TO PROVIDE AFFORD- ! 1347846 ! 47342 ! 29248 ! 54887 ! 64110 ! 181268 ! 970991 ! !ABLE HOUSING ! ! ! ! ! ! ! ! !___________________________________________________________________________________________! !FOR INCOME FROM ! 5151432 ! 849863 ! 575404 ! 511332 ! 416249 ! 647622 ! 2150962 ! !RENTS ! ! ! ! ! ! ! ! !___________________________________________________________________________________________! !FOR LONG-TERM ! 1736680 ! 142470 ! 149208 ! 160804 ! 119276 ! 104580 ! 1060342 ! !CAPITAL GAINS ! ! ! ! ! ! ! ! !___________________________________________________________________________________________! !TO CONVERT TO NON- ! 33659 ! 9359 ! 2188 ! 22112 ! 0 ! 0 ! 0 ! !RESIDENTIAL USE ! ! ! ! ! ! ! ! !___________________________________________________________________________________________! !AS TAX SHELTER ! 304922 ! 35009 ! 14486 ! 40216 ! 11721 ! 61261 ! 142229 ! !___________________________________________________________________________________________! !AS RETIREMENT ! 1266994 ! 330609 ! 366415 ! 233380 ! 108067 ! 142931 ! 85592 ! !SECURITY ! ! ! ! ! ! ! ! !___________________________________________________________________________________________! !AS FUTURE SECURITY ! 665621 ! 107985 ! 151225 ! 110711 ! 71165 ! 80383 ! 144152 ! !FOR FAMILY ! ! ! ! ! ! ! ! !___________________________________________________________________________________________! !CURRENTLY FOR SALE ! 282956 ! 62863 ! 49492 ! 29676 ! 21914 ! 34010 ! 85001 ! !___________________________________________________________________________________________! !CANT SELL - MORTGAGE ! 305771 ! 44446 ! 68874 ! 38519 ! 26189 ! 22848 ! 104895 ! !HIGHER THAN VALUE ! ! ! ! ! ! ! ! !___________________________________________________________________________________________! !CANT SELL AT CURRENT ! 623560 ! 106322 ! 140645 ! 156037 ! 69241 ! 71775 ! 79540 ! !ASKING PRICE ! ! ! ! ! ! ! ! !___________________________________________________________________________________________! !OTHER REASONS ! 1199105 ! 209905 ! 194444 ! 79917 ! 114281 ! 131440 ! 469118 ! !___________________________________________________________________________________________! !NOT REPORTED ! 6554487 ! 504391 ! 405198 ! 372824 ! 442826 ! 713064 ! 4116184 ! !___________________________________________________________________________________________!