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Other => Off Topic => Topic started by: matchewed on November 22, 2013, 07:08:40 AM

Title: How Does Home Ownership and Unemployment Relate?
Post by: matchewed on November 22, 2013, 07:08:40 AM

http://phys.org/news/2013-05-high-home-ownership-labour.html

An interesting study was done which links home ownership and unemployment rates. It is possible that the traditional American dream may be hampering our economy.

Title: Re: How Does Home Ownership and Unemployment Relate?
Post by: abhe8 on November 23, 2013, 05:26:11 PM

its interesting. makes sense, regarding increased commute times (and costs). also that people are less likely to move to find new work when they already own a home. all the more reason for the tax code to NOT favor home ownership.

Title: Re: How Does Home Ownership and Unemployment Relate?
Post by: dcheesi on November 24, 2013, 06:40:17 AM

Yeah, my employer is talking about moving the office across town, and I'm PO'd because it will double my commute (to a whopping 15-20min ;)  If I was renting, I would probably just find another apartment/rental-house closer to the new site.