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• W2183302034 abstract "Residential mobility rates in the U.S. have dropped to historically low levels. In 2012, less than 12 percent of U.S. residents had changed residences and less than two percent had moved from one state to another. Examining residential mobility by generational cohort is critical for understanding how trends in mobility will impact housing demand. In particular, the residential mobility decisions of the Echo Boom and Baby Boom generations—and their decisions about marriage, childbearing and retirement—will be important drivers of overall mobility and migration patterns in the U.S. This research examines residential mobility trends of the U.S. population from a life-cycle perspective using four decades of microdata from the Current Population Survey. Among the key findings are that the lifecycle theory provides a good, though not perfect, framework for analyzing residential mobility trends. The Echo Boom population is much less mobile than the Generation X or Baby Boom populations were when they were in their 20s. This decline in mobility is associated with declines in marriage and childbearing, but the economic and housing market downturn were also key factors in reduced residential mobility." @default.
• W2183302034 created "2016-06-24" @default.
• W2183302034 creator A5043536920 @default.
• W2183302034 date "2013-01-01" @default.
• W2183302034 modified "2023-09-24" @default.
• W2183302034 title "Generational Perspectives on Residential Mobility: Implications for Housing Demand" @default.
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• W2183302034 hasPublicationYear "2013" @default.
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