Data from the U.S. census reveal that mobility among Americans is slowing substantially.
The share of Americans who move each year fell from more than 20 percent during the 1950s and 1960s to just 11.7 percent last year, The Atlantic’s CityLab reports. This number is the lowest level since such statistics have been collected. Economists speculate about the cause of this decline, and their reasons include decreasing housing affordability in some places or people being locked in place with homes they cannot sell.
Read more
Why Americans are staying put
Advertisement
Top Articles
Advertisement
Advertisement
More in Category
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year