Heavy utility needs
In reference to location-decision considerations made in relation to the energy or power
requirements of a firm/user in the assessment of the feasibility of a location to support a
given activity.
Hedging
Protecting oneself against negative outcomes.
High order good
A good or service requiring a high threshold population before it is offered to a market.
Such a good or service requires a large number of consumers to support its business and
requires a larger trade area than a low order good. Also see lower order good.
Highest and best use
The reasonably probable and legal use of vacant land or an improved property, which is
physically possible, appropriately supported, financially feasible, and that results in the
highest value. [Appraisal Institute]
Highest and best use (financial) analysis
A determination of the highest and best use of one or more sites (either vacant or as
though vacant) or properties as improved by examining the profitability of all possible use
scenarios (including renovation, rehabilitation, demolition, and replacemen
High-tech
The original cost basis of a property plus capital improvements, less total accumulated cost recovery deductions, and partial sales taken during the
holding period
Household
A housing unit or residence at a given location that is occupied by one or more persons
(that is, a social unit comprised of one or more individuals living together in the same
dwelling or place).
Household population
The total number of households in a given geographic market or submarket as defined by
specific demographic and socio-economic characteristics.
Housing demand
The total number of housing units demanded in a given market, defined as occupied
household units divided by one minus the vacancy allowance for that market (where
demand is affected by the rate at which new households are being added to the market,
allowing for a normal level of vacancy).