Why Is Geographic Mobility Declining?

John Jones, Yue Li and Urvi Neelakantan

Richmond Fed Economic Brief, 2025, vol. 25, issue 19

Abstract: Key Takeaways In the U.S., people of all ages are moving less than they did 30 years ago. In this article, we describe some of the leading economic explanations for this decline in geographic mobility. One set of explanations focuses on long-term trends such as population aging and expanding earnings opportunities for women. Another set of explanations focuses on changes in the geographic distribution of earnings, urban amenities and housing prices.

Keywords: housing; housing finance; Geographic mobility (search for similar items in EconPapers)
Date: 2025
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