1

Relocation

Submitted by Linsey Knerl on April 16, 2008 - 20:33.

Linsey Knerl

My husband and I recently discussed the struggle his parents went through during 91'.  This downturn resulted in their family moving from Oregon to Nebraska for employment and really survival.   They had folks doing everything they could do to help, from offering use of a home for free through the winter (in return they were to paint the house in the summer which they did).

Today, the middle  states have consistent growth  with jobs available to those who want to work. Also, the cost of living is more affordable so that even in a "financial bind" it is more possible to survive on one income.  I have seen a tremendous migration from the west and from the rust belt to consistent growth/high growth areas in the plains states and Wyoming/Montana regions. 

We may continue to see relocation as a viable choice for those stuck in a lay-off situation.  Fortunately, when you see a slow-down or recession regionally/or state-wide, it does not necessarily mean you may not be able to do better elsewhere.

Reply

Please keep the comments civil and on-topic. Abusive or inappropriate comments will be removed without warning. By posting here you agree to our terms of use.

The content of this field is kept private and will not be shown publicly.
If you leave a link (include the http:// part), your name will be linked to your homepage.

You may use some HTML for formatting: <strong>bold text</strong>, <em>italics</em>, and <a href="">for links</a>. Empty lines are automatically converted to paragraph breaks.

Or click the link above that says 'enable rich-text' to use the fancy editor.

Have more to say? Join the discussions at Wise Bread's Finance and Frugality Forums.

Finance Blogs - Blog Top Sites