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The Cc�nsumer <br />T�.e consumer is t�e most diverse group of the three under considera- <br />�ion, but, paradoxically, h� is also the most stereotyped in terms of <br />"puhlic image", legislation, and the accommodations offered him. The <br />Prablem is that the entire population with its diver�e needs is offered <br />iittle variet in basic housin accommo�iations. The greatest �hare of <br />olklore and legislation is heavily slanted toward the "typical" family <br />which is in th� child-rearing stage. Of great significance is the fact <br />that sli htl less than 50 er cent of the opulation falls into thzs cate-- <br />or , and even within this cate or there are mani old needs and de- <br />sixes, <br />The motivations prompting consumer's decisions are frequently obscure <br />to the casual observer and sometimes even to the consumer him5elf. <br />These motivations a re colored by the individ-aal s value systems and <br />emotional factors which are interrelated in a complex way. 1'he housing <br />accommodation evokes many considerations which are not involved in <br />the acquisition of almost any other product, Because of the fixed nature <br />of the product, the individual is not only buying or renting a specific <br />house, but also acquiring a whole host of other things. His choice tends <br />to determine how far he will have to �ravel to work, wnere his wife is <br />likely to shop, and where his children ��vill go to school. The actual <br />process of finding housing accommodations presents the consumer with <br />a diffi�cult, complex, and almost bewildering tas'�, Part?y because of <br />this, the consumer i:�ay make his decision based on rather superficial <br />criteria. In addition, the consurner often makes quicic decisions which <br />require him to restrict himself to what is available at a given time <br />rather than determinin what the total market ha� to offer. Although it <br />is true that i given reedom of choice the majority of people would elect <br />to "own" their housing accommodation, legislation, taxation, and folk- <br />lore further encourage home ownership. As a result, rhe consumer <br />does not opera�e in a free market and is not afforded anywhere near full <br />freedom in seeking to satisfy housing objectives. <br />Despite all of these camplexities, there are some identifiable major sub- <br />groups of consumers. The smallest group includes the renters •Nh�, in <br />turn, can be divided into two parts; (1) those who by choice prefer to <br />rent, ancl (2) those who rent because they cannot afford to buy. The <br />largest group includes the owners who also can be classified into two <br />parts; (1) lower income or first time buyers; and (2) higher income or <br />repeat buyers e <br />The first time buyer, in general, is primarily concerned over financin <br />arrangements in relation to house space; he does not have as wide a <br />choic e bec aus e of his ina <br />5ince 1950 these � <br />developments . In <br />>�l�ty to ca_rry much of an economic c <br />rcten. <br />uyers have had a strong tenctency to locaie in Lra.c� <br />addition, since many of them are neophytes in <br />8 Foote, Nelson N. , et al� , Housin Choices and Housin Constraints , <br />New York: McGraw-Hill Book Co. , In�c o, 19 0. <br />21 <br />