Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.

Housing gridlock

June 23, 2009
Itâ??s old news that houses arenâ??t selling. But did you realize the situation is so bad that migration around the country has all but stopped?

Thatâ??s what Ball State University economist Mike Hicks and a colleague at the Mackinaw Center for Public Policy found in an examination of stats from a moving company and other sources.

In some cases, one spouse is moving and the other is staying behind in order to sell the house, their study says.

Ironically, they note, Indiana appears to have gained population last year while Michigan, another big manufacturing state, hemorrhaged dearly.

Does this square with your experience or observations?
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