Data Finds Americans Moved Less During First Year of Pandemic

You’re probably familiar with the headlines that suggest that the pandemic forced mass migration out of crowded cities. However, recent U.S. Census Bureau data indicates a contrary trend.

Data released on Nov. 17 found that roughly 27.1 million Americans reported living in a different residence than a year earlier—down from 29.8 million in 2020. The findings marked the lowest rate of movement that the bureau recorded in 70 years—an 8.4% mover rate.

Experts say the findings also indicate a decades-long trend that has been exacerbated by various factors predating the 2020 outbreak of COVID-19...
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RSK: This is interesting. It is not just us Baby Boomers who have decided to remain in our too large of homes rather than downsizing and/or going into a condo. There are other factors at play here...