Comment on A reminder
WoodScientist@lemmy.world 1 week agoSure. But I think the seven year figure is how often people “on average” move, not just how often people sell and buy new homes.
Comment on A reminder
WoodScientist@lemmy.world 1 week agoSure. But I think the seven year figure is how often people “on average” move, not just how often people sell and buy new homes.
scytale@piefed.zip 1 week ago
I did a quick search and apparently it’s around 12 years in 2024 now.
https://www.consumeraffairs.com/finance/what-is-the-average-length-of-home-ownership.html
So this is actually only counting people who bought a home and moved out later, not just people moving in general.