Jeremy Wacksman discusses the housing market's dynamics, emphasizing the disparity between people's intention to move and the reality of actual relocations. Nearly half of potential movers express a desire to change residences, yet only about 4 to 5 million actually do so. This gap reveals a long gestation period in the housing decision-making process, which includes dreaming and imagining new living scenarios. Wacksman notes that this reflection is healthy and plays a critical role in preparing for a potential move.
nearly half of them will say they want to move in the next two or three years. Well, obviously that's not true, right? About 4 or 5 million people actually move.
that long gestation period is what makes this category so fascinating because while you're thinking about it, you're dreaming. You're imagining what your life might be like in a new place.
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