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Stantec presents preliminary housing market study: Roseville sees strong job base, aging housing stock and renter cost burdens
Summary
Consultants from Stantec briefed the Roseville Economic Development Authority and City Council on a preliminary housing market study that finds Roseville has durable locational strengths, a high share of older residents and significant renter cost burdens; consultants recommended further strategy discussions.
Consultants from Stantec presented preliminary findings of a housing market study to the Roseville Economic Development Authority on Jan. 13, highlighting demand indicators, demographic shifts and housing stock characteristics that staff and the consultant said should guide next-step policy discussions.
Tom Layton of Stantec and colleague Zoe Tsai told the board Roseville has durable locational assets — retail districts, parks, lakes and proximity to employment centers — and a job-rich economy where more people commute into the city to work than leave. Layton said the city’s major industry categories include health and social assistance, retail and food service, and a set of industrial and professional businesses concentrated in industrial districts.
Key data points the…
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