Is Dallas (Like America) Getting Less Mobile?
Moving companies, earmuffs. Are people NOT switching houses every few years to move up, are Baby Boomers NOT abandoning the ‘burbs to move to downtown condos where they can have it all? No, they are – -we all are — staying put more than ever, says Joel Kotkin in this week’s Newsweek:
“…in reality Americans actually are becoming less nomadic. As recently as the 1970s as many as one in five people moved annually; by 2006, long before the current recession took hold, that number was 14 percent, the lowest rate since the census starting following movement in 1940. Since then tougher times have accelerated these trends, in large part because opportunities to sell houses and find new employment have dried up. In 2008, the total number of people changing residences was less than those who did so in 1962, when the country had 120 million fewer people. The stay-at-home trend appears particularly strong among aging boomers, who are largely eschewing Sunbelt retirement condos to stay tethered to their suburban homes—close to family, friends, clubs, churches, and familiar surroundings.”
As I said in an earlier post, aging baby Boomer’s driving is going to very interesting. Joel says the trend is to not just stay put in your home but to enjoy it, too, fill it up with boomerang kids, even work there.
Does this mean D Home needs to launch a home-office column?
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