#ElliotEisenberg #AgingInPlace

Yesterday, Elliot posted a story of interest to me. In my own neighborhood, I’ve observed elements of these same demographic activity.

Modest Moving”

“Just 9.8% of Americans changed their residence between 2018 and 2019, the lowest percentage since such record keeping began in 1947/48! This new low is occurring amidst the weakest population growth on record, limited immigration and an aging society. Most troubling, however, just 20% of those between the ages of 18-34 (Millennials) moved this year, down from 29% as recently as 2005/06. Reduced mobility reduces economic opportunities and GDP growth.”

Will we soon be reading more stories about the aging of America? Only time will tell…

Unknown's avatar

About Dee & Tom Cryer

Your Trusted Advisors in the Homeownership Business! TheCryerTeam@Kentwood.com
This entry was posted in Denver Residential Real Estate. Bookmark the permalink.

Thank you for your comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.