While promoting residential mobility is not an end in itself, it is an important policy challenge, especially in countries with large spatial disparities and labour market skills mismatches. Policies that remove disincentives to move are likely to bring efficiency and equity gains by lifting productivity growth and social mobility. At the current juncture, removing policy obstacles to residential mobility can do much to facilitate labour market adjustment during the recovery from the COVID 19 crisis.
This section provides an overview of the main outcomes related to housing and residential mobility and displays country specific performances across relevant indicators.
Housing is a key determinant for mobility.
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Homeowners are much less mobile than renters …
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… which leads to high homeownership countries being more often associated with low residential mobility. |
The nature of taxation and the responsiveness of housing supply also affect the likelihood of changing residence … |
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… as well as rental market regulations, spending on social housing … |
… and the characteristics of social protection. |