We sold my mom and dad’s dream home last autumn — the Frank Lloyd Wright-inspired mid-century modern house they called home for 25 years.
Staying put is becoming more commonplace in America.
According to The Atlantic, America, once the most mobile society in the world, has become increasingly stagnant, with fewer people moving between cities, states and even neighborhoods.
The American Economic Association’s research finds that internal U.S. migration is at a 30-year low.
The Atlantic argues that declining mobility leads to fewer economic opportunities, more social division and greater political polarization.
Why?
Strict zoning laws and environmental restrictions prevent affordable housing from being built in cities with strong economies. That’s why job-rich places, such as San Francisco, have some of the highest home prices in the country.
The mortgage rate “lock-in effect” is another reason homeowners are staying put. Those with a 2% or 3% mortgage rate are reluctant to move and take on a new loan at 6% or higher.
The Atlantic says that one regrettable result of Americans staying put is a reduction in economic and cultural mixing between different groups, which increases political tribalism, making compromise and shared experiences rarer.
Moving certainly benefited me.
I moved from Pittsburgh to Alexandria, Va., in 1998 and lived in the D.C. area nearly eight years. It proved to be a great place to land good-paying communications clients.
As an adult, I never stayed anywhere long — until returning to Pittsburgh in 2011 to renovate and move into a property I’d rented out for years.
Copyright 2025 Tom Purcell, distributed exclusively by Cagle Cartoons newspaper syndicate.