4 ms·

Other factors, possibly: - Signing a new lease costs a few thousand dollars (security deposit, possibly several months' rent, etc). Or transaction costs, if yo

Other factors, possibly: - Signing a new lease costs a few thousand dollars (security deposit, possibly several months' rent, etc). Or transaction costs, if you're a home buyer. Americans across income levels are generally living paycheck-to-paycheck [0] and would need to scale down their standard of living for at least a few months to save enough money to move. It seems only elite jobs pay relocation expenses. - Two-earner households are more common than in the 1970s; it's harder to find two new jobs than just one. - People seem to be more concerned about school district quality, restricting the amount of housing supply seen as viable. (I made this one up, apologies if that's wrong). - Homes are bigger (by nearly 2x) and presumably have more stuff in them as well [1], which increases the logistical difficulty and expense of moving. [0] http://bigstory.ap.org/article/965e48ed609245539ed315f83e01b6a2 http://bigstory.ap.org/article/965e48ed609245539ed315f83e01b... [1]https://www.aei.org/publication/todays-new-homes-are-1000-square-feet-larger-than-in-1973-and-the-living-space-per-person-has-doubled-over-last-40-years/ https://www.aei.org/publication/todays-new-homes-are-1000-sq...

mockturtle 10y ago
Labor would be much more flexible if it weren't so tightly related to those human beings and all their pesky baggage.
- norikki 10y ago
  Exactly. That's what globalist like Brookings want. To remove 'baggage' like community, family, heritage, and loyalty to one's fellow countrymen; and replace those things with their own ideology.
  - mockturtle 10y ago
    To somewhat contradict myself (or at least my snarky attitude), the suggestions in the article would benefit workers and businesses. But generally speaking, yes, Brookings drinks deeply from the neoliberal coolaid.
afarrell 10y ago
> Signing a new lease costs a few thousand dollars This depends on the location. Boston? Absolutely. Austin? Not in my experience.
bmurphy1976 10y ago
> People seem to be more concerned about school district quality, restricting the amount of housing supply seen as viable. (I made this one up, apologies if that's wrong). You are not wrong. We are in this exact position right now. We are likely going to be forced to do an add on to our house which is too small (and all the bs this entails). If we move, we lose the nice school district and location. If we buy new in the same neighborhood we are house poor. If we buy used we have a compromised house like we already own. If we tear down and rebuild, we are house poor again and taxes go through the roof. It sucks, there's no easy option and the school district is the most important consideration by far.
- tamana 10y ago
  Good school district is mostly a myth. A "good school" is mainly school whose students come from successful families. You could raise your kids anywhere reasonably safe and they'd do just as well as at a "good school" , as long your family and your kids' friends maintain an ethic for education
  - matthewmcg 10y ago
    Maybe the causal relationship is a myth, but that's enough to create a self-reinforcing phenomenon of inter-related property values and perceived school quality.
  - Swizec 10y ago
    Imho it's a network effect. Peer pressure is real. Do you want your kids to be peer pressured into high paying careers or into minimum wage jobs?
    - HarryHirsch 10y ago
      Also, network effect amongst the teachers. Do you want to teach or do you want to pretend to teach?
  - bmurphy1976 10y ago
    Yeah I don't think so. I've got three kids to fund through college. It is extraordinary important that we get this right. I know we could send them to private school but there are tradeoffs just like with everything else. It's a huge ugly balancing act.
analog31 10y ago
People seem to be more concerned about school district quality, restricting the amount of housing supply seen as viable. (I made this one up, apologies if that's wrong). Not just school district quality, but if you have kids who are entrenched in specific activities, then there are other factors as well: * Are there enough educated parents in the school district to manage the schools effectively through involvement and activism? * Good private music teachers? * Healthy lifestyle, such as bike and pedestrian friendly? * Socially tolerant? Those are some things on my own punch list. Another family might have its own interests that are no easier to fulfill.
kps 10y ago
Adverse Outcomes to Early Middle Age Linked With Childhood Residential Mobility http://dx.doi.org/10.1016/j.amepre.2016.04.011 http://dx.doi.org/10.1016/j.amepre.2016.04.011
ArkyBeagle 10y ago
Yeah. As it turns out, coupling real estate and schooling was a bad idea. Who knew?

mockturtle 10y ago

Labor would be much more flexible if it weren't so tightly related to those human beings and all their pesky baggage.

norikki 10y ago
Exactly. That's what globalist like Brookings want. To remove 'baggage' like community, family, heritage, and loyalty to one's fellow countrymen; and replace those things with their own ideology.
- mockturtle 10y ago
  To somewhat contradict myself (or at least my snarky attitude), the suggestions in the article would benefit workers and businesses. But generally speaking, yes, Brookings drinks deeply from the neoliberal coolaid.

afarrell 10y ago

> Signing a new lease costs a few thousand dollars This depends on the location. Boston? Absolutely. Austin? Not in my experience.

bmurphy1976 10y ago

> People seem to be more concerned about school district quality, restricting the amount of housing supply seen as viable. (I made this one up, apologies if that's wrong). You are not wrong. We are in this exact position right now. We are likely going to be forced to do an add on to our house which is too small (and all the bs this entails). If we move, we lose the nice school district and location. If we buy new in the same neighborhood we are house poor. If we buy used we have a compromised house like we already own. If we tear down and rebuild, we are house poor again and taxes go through the roof. It sucks, there's no easy option and the school district is the most important consideration by far.

tamana 10y ago
Good school district is mostly a myth. A "good school" is mainly school whose students come from successful families. You could raise your kids anywhere reasonably safe and they'd do just as well as at a "good school" , as long your family and your kids' friends maintain an ethic for education
- matthewmcg 10y ago
  Maybe the causal relationship is a myth, but that's enough to create a self-reinforcing phenomenon of inter-related property values and perceived school quality.
- Swizec 10y ago
  Imho it's a network effect. Peer pressure is real. Do you want your kids to be peer pressured into high paying careers or into minimum wage jobs?
  - HarryHirsch 10y ago
    Also, network effect amongst the teachers. Do you want to teach or do you want to pretend to teach?
- bmurphy1976 10y ago
  Yeah I don't think so. I've got three kids to fund through college. It is extraordinary important that we get this right. I know we could send them to private school but there are tradeoffs just like with everything else. It's a huge ugly balancing act.

analog31 10y ago

People seem to be more concerned about school district quality, restricting the amount of housing supply seen as viable. (I made this one up, apologies if that's wrong). Not just school district quality, but if you have kids who are entrenched in specific activities, then there are other factors as well: * Are there enough educated parents in the school district to manage the schools effectively through involvement and activism? * Good private music teachers? * Healthy lifestyle, such as bike and pedestrian friendly? * Socially tolerant? Those are some things on my own punch list. Another family might have its own interests that are no easier to fulfill.

kps 10y ago

Adverse Outcomes to Early Middle Age Linked With Childhood Residential Mobility http://dx.doi.org/10.1016/j.amepre.2016.04.011 http://dx.doi.org/10.1016/j.amepre.2016.04.011

ArkyBeagle 10y ago

Yeah. As it turns out, coupling real estate and schooling was a bad idea. Who knew?