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| Why don't you stretch out on the sofa so you can rest your government handicaps on a pillow? |
CNBC.com's Diana Olick has the story here:
Just over 11 million Americans moved between March of 2010 and March of 2011, according to a new report from the U.S. Census. ...
The housing crash has left Americans stagnant, but even worse, it has left homeowners trapped. The decline in the mobility rate of those who already own homes was even more dramatic. Just 4.7 percent of homeowners moved in the past year, down from 5.2 percent the previous year, according to the Census. That translates into 9.7 million homeowners, again a record low.
The immobility of current homeowners is a huge drag on the economy.
It's not just malaise. It's sclerosis.
