You tend to know people like yourself. Young professionals move quiet frequently. Do you know anyone in a rent controlled or subsidized apartment? How many retired couples do you permit know? What about school teachers or police officers etc?
Also, looking at people who can’t tell if someone is 2 days into a 15 year stay which makes it easy to overestimate how mobile people are. You really need to look at things from the perspective of move out dates not how long people have been in their current apartment.
Professionals? Who move around based on changing income, family size, and neighborhood dynamics? Sure.
I know a lot of working class people who live in the same neighborhood they grew up in and have rented the whole time. Just depends on who you know a lot of I think.
I've moved 3 times in 7 years. But never has my old landlord or new landlord taken a month to repaint things. It's always been re-rented in under 2 weeks. This is all in NYC though, so things might be a bit different here.
For how many years of their life, how many 2-year cycles? You can switch jobs every 2 years for a 30-year career, but having a family slows things down, usually.
5.5% of renters have lived in their home for more than 20 years. https://ipropertymanagement.com/research/renting-statistics The average renter stays for three years in a single-family home. Which means the vacancy between occupants averages 2.6 months or so. https://policyadvice.net/insurance/insights/rental-statistic...
You tend to know people like yourself. Young professionals move quiet frequently. Do you know anyone in a rent controlled or subsidized apartment? How many retired couples do you permit know? What about school teachers or police officers etc?
Also, looking at people who can’t tell if someone is 2 days into a 15 year stay which makes it easy to overestimate how mobile people are. You really need to look at things from the perspective of move out dates not how long people have been in their current apartment.
Professionals? Who move around based on changing income, family size, and neighborhood dynamics? Sure.
I know a lot of working class people who live in the same neighborhood they grew up in and have rented the whole time. Just depends on who you know a lot of I think.
I've moved 3 times in 7 years. But never has my old landlord or new landlord taken a month to repaint things. It's always been re-rented in under 2 weeks. This is all in NYC though, so things might be a bit different here.
For how many years of their life, how many 2-year cycles? You can switch jobs every 2 years for a 30-year career, but having a family slows things down, usually.