Analysis | This week: Who’s coming to America post-pandemic? Also: Does the age at which we decide to abandon homeownership have anything to do with shoveling snow?
China as the world’s most populous country, it has seized a spot among the top five or six sources of U.S. visitors.
India’s prominence in heartland travel , like its high ranking in U.S. tourism overall, is a recent development. In 2019, before the novel coronavirus emerged from China and changed travel patterns from that people’s republic, perhaps permanently, China was the top supplier of travelers to many of America’s most populous states, including California, Michigan and Pennsylvania.When do people stop owning a home? Thus asks J.D. Zahniser of St. Paul, Minn.
The colder it is, the earlier people give up their homes. In Northern states from Montana to Maine, homeownership peaks from 65 to 69, while in the Sun Belt it tends to peak from 75 to 79.We’re only comparing resident owners and renters here, so it’s not just that people are fleeing for warmer climes. When the Northerners drop out of one state in our measure, they are instead measured in their new state.
While different groups have different ages at which homeownership peaks, that seems mostly to be determined by how high their rates of homeownership climbed before the gravity of age kicks in and homeownership begins its slow descent to around 64 percent at 90.
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