stay stuck where you are..., possibly forever...
American society is "mobile", or we were.
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With the RE collapse, we stopped, bcuz we could not sell our homes...
You cannot take a new job in another locations if you cannot see your existing home.
That is serious damage to the whole economy.
True, there were not jobs anyway.
But, as that changes the problem becomes more severe.
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Some other highlights from the Census Bureau's "Geographical Mobility: 2009" report:
• People in the Northeast moved the least, with a mover rate of only 8 percent, followed by the Midwest, 11.6 percent; South, 13.7 percent; and West, 14.8 percent.
• Cities lost 2.1 million movers, while suburbs had a net gain of 2.4 million.
• Renters were more than five times more likely to move than homeowners: 29 percent compared with 5.2 percent.
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What this article suggests to U.S. is that we might simply use strategic defaults...
and exit stage left.
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AZ 'Mover rate' near a low
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AZ 'Mover rate' near a low
The U.S. Census Bureau reported last week that the nationwide "mover rate" rose from a record low 11.9 percent in 2008 to 12.5 percent in 2009.
But that 2009 figure is still an incredibly low rate that hasn't been seen since 1948. The national mover rate was 16 percent in 2000.
United's study shows that the number of people moving to and from Arizona has been steadily declining over the past five years. But the good news is that Arizona consistently sees more United Van Lines shipments coming in than going out. Last year's rate was 54 percent inbound to 46 percent outbound.
http://www.azcentral.com/arizonarepublic/business/articles/2010/05/16/20100516biz-insider0516beard.htmlUnited's study shows that the number of people moving to and from Arizona has been steadily declining over the past five years. But the good news is that Arizona consistently sees more United Van Lines shipments coming in than going out. Last year's rate was 54 percent inbound to 46 percent outbound.
The bad news is six other Western states had higher inbound rates: Oregon, 59 percent; Nevada, 57 percent; Wyoming, 56 percent; Idaho and Colorado, 56 percent, and New Mexico, 55.5 percent. California and Utah had almost the same number of people moving in as out, said United Van Lines.
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More Americans on the move: why that's a good thing
More Americans moved last year than in 2008
suggesting that the economy is improving.
But the mobility rate is still at historic lows
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