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A.4.2 Housing Tenure <br />The number of residents who own their homes compared to those who rent their homes can help <br />identify the level of housing insecurity — ability for individuals to stay in their homes — in a city and <br />region. Generally, renters may be displaced more quickly if prices increase. In Pleasanton there <br />are a total of 29,011 housing units, and fewer residents rent than own their homes (30.1 percent <br />versus 69.9 percent) (see Figure A-34). By comparison, 46.5 percent of households in Alameda <br />County are renters, while 44 percent of Bay Area households rent their homes. <br />100.0% <br />tp <br />6 80.0% <br />L <br />N 60.0% <br />= 40.0% <br />o 20.0% <br />y 0.0% <br />U <br />d <br />a. <br />Pleasanton <br />Figure A-34: Housing Tenure <br />Alameda County <br />■ Owner Occupied Renter Occupied <br />Notes: <br />Universe: Occupied housing units <br />Source: ABAG 2021 Pre -certified Housing Needs Data (U.S. Census Bureau, American Community Survey 5 -Year <br />Data (2015-2019), Table B25003) <br />In many cities, homeownership rates for households in single-family homes are substantially <br />higher than the rates for households in multi -family housing. In Pleasanton, 88.4 percent of <br />households in detached single-family homes are homeowners, while 12.7 percent of households <br />in multi -family housing are homeowners (see Figure A-35). Therefore, most multi -family units in <br />Pleasanton are rented. <br />Housing Needs Assessment City of Pleasanton I A-41 <br />