Survey Reflects Lingering Effects of Financial Crisis
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Yesterday, June 1, Moving Day Boxes, Chicago, Ill., USA, released its annual moving sentiment survey that illustrates the financial and emotional condition people who are moving are in. "Another way of looking at the sentiment survey is are people happy or unhappy to be moving?" says Matt McCabe, co-founder and president of Moving DayBoxes.com.
"Unfortunately," McCabe notes, "since November 2008 more and more moves have been forced upon people for reasons outside of their control. That is moving back home because of a job loss, moving in with parents or relatives to save money, or moving into a smaller residence that is less expensive."
One particular survey question showed a very troubling trend. When asked "were the circumstances surrounding your last move happier than this move?" more than 70% of survey respondents answered "yes." "This answer was the most surprising," says McCabe "because the number of people that are unhappy about moving is nearly four times higher than the historical average."
While there is some troubling data in this moving sentiment survey, there was one bright spot. The number of moves as a result of a foreclosure was down 10% from 2010.
Other findings in the survey include a trend towards self-moves or hybrid moves. McCabe notes, "More and more people are moving themselves to save money, and if they are hiring a mover it is just to help with part of the move, perhaps moving heavy furniture or a piano, but people are doing more and more themselves."
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