DOI: 10.6077/j5/290rxf
title: Residential Finance Survey, 1981

description: &lt;p&gt;These data consist of a sample of approximately 62,000 housing units taken form housing units included in the 1980 Census of Housing. Rental and vacant units, although included in the survey, are not contained in the files. Detailed information is shown on the financing of the &quot;homeowner&quot; and &quot;condominium&quot; residential properties, including characteristics of the mortgages (type, status, origin, source, amount, etc.), properties (value, year structure built, number of rooms, etc.), and property owner(s) (age, sex, race, Spanish origin, income, etc.).&lt;/p&gt;
description: Residential Finance Survey
description: collection_notes: Addresses were limited to the counties and independent cities in the 376 sampling areas used for current surveys of the Bureau of the Census. The sample for the 1981 Residential Finance Survey was selected in two stages. In the first stage, primary sampling units (PSU's) were grouped into 376 strata and one PSlJ was selected from each stratum. A PSU consisted of a county, group of counties, or a standard metropolitan statistical area (SMSA). There were 156 strata (representing about 61 percent of the total 1980 population) with only one PSU. These PSll's were called self-representing (SR). Each of the remaining 220 strata was composed of more than one PSU. From each such stratum, one PSU was chosen with probability proportionate to its 1970 population. These PSU's were termed nonself-representing (NSR). The 376 sample PSU's contained counties and independent cities from each of the 50 states and the District of Columbia. Within each sample PSU, a sample of residential properties was selected from a file of addresses enumerated in the 1980 census. To control the effect of large properties on the reliability of the sample estimates, addresses with 50-or-more units located in portions of the sample PSU where the 1980 census was conducted by mail were identified in a search operation. The remaining parts of the sample PSU were not searched since they contained relatively few addresses with 50-or-more units. Each address identified as being in an NSR PSU and containing at least 50 units, or in an SR PSU and containing at least 100 units, was included in the sample. Units at addresses in an SR PSU that contained 50-to-99 units were sampled at the rate of 1 in 180, and each address which contained a selected unit was in the sample. Units at addresses with 5-to-49 units (or at addresses with 50-or-more units in areas where no search was conducted) in all PSU's were sampled at the overall rate of 1 in 1,400, and each such address that contained a selected unit was in the sample. Units at addresses with 1-to-4 units in all PSU'S were sampled at the overall rate of 1 in 2,800, and each such address that contained a selected unit was in sample. The sample of approximately 62,000 housing units produced about 55,900 sample properties. Of these properties, data were collected for 15,700 homeowner and 1,300 homeowner condominium properties as well as 3,900 rental and vacant properties with 1-to-4 units, 4,500 rental and vacant properties with 5-to-49 units, and 12,100 rental and vacant properties with 50-or-more units. (Rental and vacant properties are not included in this file.) The remaining 18,400 properties included 11,200 that were not within the scope of this survey and 7,200 for which no data were obtained.