Home › Forums › Financial Markets/Economics › U-Haul shows moves to California
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April 21, 2009 at 11:21 PM #386108April 22, 2009 at 9:50 AM #385585FearfulParticipant
Quote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.
April 22, 2009 at 9:50 AM #385852FearfulParticipantQuote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.
April 22, 2009 at 9:50 AM #386050FearfulParticipantQuote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.
April 22, 2009 at 9:50 AM #386099FearfulParticipantQuote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.
April 22, 2009 at 9:50 AM #386238FearfulParticipantQuote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.
April 22, 2009 at 6:21 PM #385850Nor-LA-SD-guyParticipant[quote=Fearful]Quote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.[/quote]
They did a piece on it on NPR seems they got their data from Ca EDD and employment reports.
April 22, 2009 at 6:21 PM #386117Nor-LA-SD-guyParticipant[quote=Fearful]Quote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.[/quote]
They did a piece on it on NPR seems they got their data from Ca EDD and employment reports.
April 22, 2009 at 6:21 PM #386316Nor-LA-SD-guyParticipant[quote=Fearful]Quote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.[/quote]
They did a piece on it on NPR seems they got their data from Ca EDD and employment reports.
April 22, 2009 at 6:21 PM #386364Nor-LA-SD-guyParticipant[quote=Fearful]Quote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.[/quote]
They did a piece on it on NPR seems they got their data from Ca EDD and employment reports.
April 22, 2009 at 6:21 PM #386501Nor-LA-SD-guyParticipant[quote=Fearful]Quote from the OCRegister blog piece on the U-Haul moves: “It’s perhaps a modest sign that cascading home prices have lured in some new residents or that those same low housing values have forced many Californians to stay put because they can’t afford to sell.”
Reduced worker mobility is one known effect of falling house prices. Excess state unemployment is thus partly a result of unemployed workers being unable to move to better opportunities. I doubt the claim that excess unemployment is due to unemployed workers moving here, but it could be true to some degree – people attracted here by the welfare state aspects.
I do not know how to reconcile this with the anecdotal reports (e.g. city-city) of price differences.[/quote]
They did a piece on it on NPR seems they got their data from Ca EDD and employment reports.
April 22, 2009 at 10:44 PM #385956(former)FormerSanDieganParticipant[quote=CONCHO]A lot of people moved to California in the 1930s, too. Ever read “The Grapes of Wrath?”[/quote]
What hapeended to those people who moved to California in, say 1935 ?
April 22, 2009 at 10:44 PM #386222(former)FormerSanDieganParticipant[quote=CONCHO]A lot of people moved to California in the 1930s, too. Ever read “The Grapes of Wrath?”[/quote]
What hapeended to those people who moved to California in, say 1935 ?
April 22, 2009 at 10:44 PM #386419(former)FormerSanDieganParticipant[quote=CONCHO]A lot of people moved to California in the 1930s, too. Ever read “The Grapes of Wrath?”[/quote]
What hapeended to those people who moved to California in, say 1935 ?
April 22, 2009 at 10:44 PM #386467(former)FormerSanDieganParticipant[quote=CONCHO]A lot of people moved to California in the 1930s, too. Ever read “The Grapes of Wrath?”[/quote]
What hapeended to those people who moved to California in, say 1935 ?
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