Rural residents can’t afford to move to the city, study finds

Rural Americans are increasingly staying put. The finding was the highlight of a University of Chicago study that found the overall mobility of the U.S. population has fallen to its lowest level, and by almost half since its peak in 1985.

Underwater Home Owners Lose Mobility

Across the US there are homeowners faced with tough decisions. Not only concerning foreclosures and defaults, but getting out from under homes they cannot sell to take employment elsewhere. Anchored to properties that lost half their value when the bubble burst, some families have to decide between losing their home altogether and having gainful employment and a future.

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