A cohort-based indicator of housing progress

Measuring housing quality has continued to be an elusive task. This article proposes a new social indicator of housing quality that builds on three conceptual decisions. The first step is to define an indicator that measures quality with reference to a standard that households are striving to attain. Single-family homeownership is a standard of housing sought by nine-tenths of Americans under age 45. A second decision is to measure quality not according to absolute attainment of this standard, but rather with reference to the aggregate experience of progress toward attaining the standard. Under this experiential definition, quality is assumed to be high when the average individual moves quickly toward homeownership. The third conceptual decision is to aggregate individuals' progress toward homeownership by measuring the trajectory of cohorts into homeownership. The indicator of housing progress is thus a vector of age-specific ownership rates. Twentieth-century cohorts are compared on this indicator and the implication of differences among them are discussed.Research underlying this article was supported by a Charles Abrams Fellowship awarded by the MIT-Harvard Joint Center for Urban Studies. This article is a revision of a paper presented at the 1981 Annual Meeting of the Population Association of America, Washington D.C.