Why Do Americans Stay When Their Town Has No Future?

In recent years, though, Americans have grown less likely to migrate for opportunity. As recently as the early 1990s, 3 percent of Americans moved across state lines each year, but today the rate is half that. Fewer Americans moved in 2017 than in any year in at least a half-century. This change has caused consternation among economists and pundits, who wonder why Americans, especially those lower on the income scale, lack their ancestors’ get-up-and-go. “Why is this happening?” New York Times columnist Dav

Source: Why Do Americans Stay When Their Town Has No Future? – Bloomberg