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households)were severely cost burdened. By comparison,about one-fourth of total owner households were cost burdened and less than one-tenth were severely cost burdened. The percentages for low-income and moderate-income owner households were similar to those of total owner households. Approximately twenty- nine percent-of low-income owner households (2,100 households) and thirty-one percent of moderate-income owner households (1,300 households) were cost --burdened; eleven percent of low-income owner households (800 households) and eight percent of moderate-income owner households (350 households) were k severely cost burdened. Overcrowding The extent of overcrowding for owner households was much less than that for renter households in the Planning Area. Overall, less than five percent of all owner households in 1990 were overcrowded. However, the situation for both very low- income and low-income owner households, other than elderly owner households, was considerably worse. Nearly one in seven(1,000 households)was overcrowded. This is more than four times the rate of overcrowding experienced by all owner households. Substandard Housing Conditions There were almost 5,000 owner households in. the Planning Area living in substandard housing conditions in 1990. About one in six such households were very low- or low-income owner households (eight percent and nine percent, respectively; of total owner households experiencing substandard -housing conditions). It is estimated that nearly 150 very low-income owner households living in substandard housing conditions experienced "worst case" needs. Disproportionate Need of Minority Owner Households Low-income minority owner households experienced proportionately more housing problems than total low-income owner households. In 1990, eighty percent of extremely low-income;fifty-five percent of very low-income;and fifty-four percent of low-income minority owner households experienced housing problems. The comparable percentages for Black owner households that experienced housing problems in 1990 are as follows: Eighty-three percent for extremely low income, sixty-eight percent for very low incomes and sixty-seven percent for tow income. With respect to Hispanic owner households that experienced housing problems in 1990,the percentages are seventy-eight percent for extremely low income,fifty-one percent for very low income, and fifty-eight percent for low income_ By comparison, sixty-five percent of extremely low-income;forty-four percent of very low-income; and thirty-four percent of low-income total owner households experienced housing problems. Need for Homeownership for First-Time Home Buye First time home buyers as a group have become the largest segment of the home buying market in recent years. A depressed housing market for existing homes in -25- .