pull down to refresh
200 sats \ 0 replies \ @Undisciplined 23h \ on: Why Is Geographic Mobility Declining? econ
This is one of the biggest mysteries in American economics, right now.
It's only partially demographic. The US is becoming older, and older people move less, but migration is declining amongst basically all groups.
Here are a few explanations that are either unexplored or only lightly explored:
- There's been an increase in state-specific policies on a whole range of stuff, which reduces migration because those policies are somewhat reflective of average local preferences.
- As divorce rates rose, the number of people restricted from moving by joint-custody agreements rose.
- The kinds of places that have been growing (Sun Belt metros) just happen to be further apart than the East Coast and Midwest metros that most people used to live in and migration probability decreases with distance.