Most renters who plan on buying plan on staying in their current county. Interestingly enough, 14% only plan on staying in their same neighborhood.
I personally feel like the more local numbers could be skewed from the state as a whole. For starters, I think that more people would say that they plan to stay in LA County. In oher parts of the state – where an hour of traffic does not equal to 4 miles of movement – then perhaps crossing county lines is no big thang. Here in LA? Well, LA county is a big place. And people tend to live as close as they can to where they need to be. I can see where some might move further out to find a home within their budget, but I think that the numbers for ‘living in same county’ and ‘living in same neighborhood’ could be larger on a more local scale.
What do you think? Do you plan on living where you live now? Or do you think you’ll move on elsewhere?
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