Definition
A cross-tabulation showing the geographical mobility of individuals (whether they moved within the last year and how far) categorized by their housing tenure (owner-occupied vs. renter-occupied).
Why It Matters
Directly contrasts the mobility patterns of homeowners versus renters. Renters are typically more mobile, while homeowners tend to be more stable, influencing demand for housing types and related services.
Specific Relevance for Professionals:
Marketers
Crucial for targeting relocation services, apartment rental platforms, or home-buying services. Helps identify active movers (renters) versus stable residents (owners) for specific product offers.
Researchers
Fundamental for studying housing market dynamics, factors influencing residential stability, and the socio-economic characteristics of movers who rent versus those who own.
Consultants
Useful for advising real estate developers on demand for rental vs. owner-occupied housing, or for relocation companies on market sizing based on tenure mobility.
Public Policy Workers
Important for informing housing policies related to rental markets, homeownership support, and understanding population churn within communities related to housing tenure.
