Job relocations are becoming a thing of the past

[Annandale_Man]

Originally Posted by BigfishTim

The military gets Base Allowance for Housing (BAH), a young 35 yr old Major can get as much as $5K per month for housing in Southern California. These ease the pain from moving.




The biggest reason why people aren't moving because they are holding onto the sub-3% mortgage and it would be more than double the rate to replace that mortgage.

More and more CEO are noticing a drop in productivity when employees work remote or WFH, so they're calling the employees back at 100% on-site.

Why don't they live on base? That's what its there for.

Also, I could sell my house with a 2.65% mortgage and pay CASH for a replacement in West Virgina (home state). I work remotely in IT.

[North Beach Person]

Originally Posted by Annandale_Man

Why don't they live on base? That's what its there for.

Also, I could sell my house with a 2.65% mortgage and pay CASH for a replacement in West Virgina (home state). I work remotely in IT.

High demand for on base plus, more importantly, DoD embarked on a program of getting rid of it a couple decades ago. The bean counters calculated it would be cheaper to increase BAH than it would be to upgrade and modernize existing housing or build more.

There were also some public/private partnerships to build military directed housing off-base.