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Gen Y could spark housing recovery

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The recent Census revealed that Americans are less mobile now than they were 10 or even 50 years ago . Household mobility — moving from one place to another — has hit a lull since World War II times. Urban centers with high-tech colleges gained the biggest numbers, pointing to the fact that growing cities attract post-college grads who need work. Places like Raleigh, N.C.; Houston, Texas; and Baltimore, MD, among others, drew a lot of young talent in 2008-2010. Continue reading
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