Only 1% of US Homes Have Changed Hands So Far This Year, Redfin Says
Solemn @ Solemn @lemmy.dbzer0.com Posts 0Comments 212Joined 2 yr. ago
Solemn @ Solemn @lemmy.dbzer0.com
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Home turnover is generally a sign of economic mobility. People should be able to afford nicer homes a few times in their life, or move to pursue greater opportunities. Having 25% fewer homes being sold means those conditions that cause people to move (to hopefully better situations) are not occurring.