Up to nine in ten people who want to move are stuck

The downturn in the housing market has left the UK a nation of frustrated house-movers, a think-tank has said.

The large majority of people who want to move have been unable to. Furthermore, most people want to move not because of location but because of changes in their personal circumstances, such as splitting up or moving in with someone.

According to Understanding Society, a study of 40,000 households funded by the Economic and Social Research Council, between 2009 and 2010 only 10-14% cent of people who wished to move actually did so.

The study also found that living in an urban setting or in a less deprived area increased the likelihood of being able to move, while living in rural or more deprived areas reduced the likelihood.

Source: EstateAgentToday.co.uk

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