Great Recession Spurs A Shift to Local Moves
This study examines residential moves at the local level over the past thirty years, particularly the recent decade. It examines the characteristics of movers, before and after the Great Recession. It explores self-reported answers from movers on why they moved, in order to see whether the economic downturn was a factor. Finally it explores differences around the country in local moving, showing the impact of an area’s level of unemployment, foreclosure rates, and other factors on local moves.