An actual quote I saw today posted on Twitter: “Florida is a conservative Christian state, and they voted against murdering unborn babies. The democratic process is complete. They can leave if they want to do that.” There’s a lot to unpack there. I also got into an argument with the guy who posted it, who claimed somehow that it’s not ok for Federal government to regulate Women, but if states wants to do it then it’s ok, and they should just leave to another state then. like… wow. America is a strange place
It’s more viable for renters than people who have to sell a house no one will buy but is too much of their net worth for them to feel like they can walk away from it.
In practice, sure, the situation is actually similar but the homeowners won’t feel like it is and humans are mostly illogical.
If you’re talking about stress, sure, a renter can relocate more easily than a home owner. Stress isn’t worth dollars, though. A homeowner is still much more likely to have the financial ability to relocate. If renters had spare cash of a substantial amount, don’t you think they’d put it towards owning?
How much do you think a mortgage down payment is? A U-Haul rental?
You’re not wrong, but that’s a pretty wild point of order.
People will buy the house for sale. The country made it clear that half of the population is happy with one of the sides. Reds want to move out of blue states all the same. So yes, a down payment and a moving rental are a magnitude of order apart, but relocating still introduces huge expenses. A 600 mile trip with a 15’ truck and car trailer is about $1,000 (it’s the mileage rate that gets you). Hotels if needed, road food, security down payments, and gas are the easy ones to point out. Then there’s the added stress and costs of scoping out your destination, finding a suitable place, not being employed during the transition, losing your current social networks, and pulling it off solo. My point is that “just move” isn’t feasible to many of the people most affected by the predicted changes.
Sure.
And yet it is still more feasible now than it will be later.