Wednesday, June 29, 2011

Geographical Mobility/Migration

From The American Consumers Newsletter:

The mobility rate of the nation's homeowners remained at the record low of 5.2 percent in 2009-10, unchanged from the rate of 2008-09. The Census Bureau's latest geographic mobility figures, available at this site, show a nation of movers paralyzed by the collapse of the housing market. Among renters, a much larger 29.0 percent moved in 2009-10, down slightly from the 29.6 percent who moved between 2008-09. Renter mobility has changed little over the decade--it peaked at 30.8 percent in 2001-02. During the past decade, homeowner mobility has been as high as 8.1 percent

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