New Hampshire has faced a series of critical housing problems.  There was a shortage of housing suitable for households of all incomes but this shortage was particularly of low and moderate incomes group especially rental housing. The housing market reflects a lack of supply of affordable single-family homes in the $300,000 range as well as affordable rental housing. During the recession, the great number of families impacted by foreclosure added more pressure to the already-stressed rental market.  Economic shifts point to a fundamental mismatch between the state’s existing housing supply. There is a tight housing market, the lack of an adequate supply of housing could become a drag on future economic growth and stability.

An aging population, shifts in housing preferences among younger generations, a misalignment between housing supply and future demand, and changes in traditional financing paths for homeownership. New Hampshire Housing Finance Authority (NHHFA) published a report in 2014 on the state’s future housing needs and preferences with updated population forecasts. They included builders, lenders, realtors, young professionals, senior groups, regional planners, workforce housing groups, and others. Finally, as a way of assessing the potential impact of New Hampshire’s aging population on the housing market.