Valuetainment "Americans Are STUCK!" - WSJ Report REVEALS Why Families AREN'T Moving Or Switching Jobs
Aug 18, 2025
American mobility has hit record lows, with just 7.8% relocating in 2023. High housing costs and a sluggish job market are major culprits. The panel discusses the daunting challenges of home affordability, stressing the need for lower interest rates and job creation. They explore the complexities of navigating the real estate landscape, emphasizing that personal circumstances play a crucial role in home buying decisions. Additionally, financial disparities facing single individuals are highlighted, along with a call to join an upcoming business webinar.
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Record Low American Mobility
- U.S. mobility is at record lows, with only 7.8% relocating in 2023 versus ~20% in the 1950s.
- High housing costs and a frozen housing market are linked to lower GDP and fewer job opportunities.
Family Trapped By Housing Costs
- Brandon and Katherine bought an 1,100 sq ft home in Summit, NJ and can’t upgrade as their family grows.
- Rising mortgage payments and scarce larger homes trapped their original five-to-seven year plan.
Slowing Job Market Mobility
- Job market dynamism has slowed with hiring, quits, and switches at near-decade lows.
- Probability of switching employers fell from 2.8% monthly in 1990 to 2.3% in the 2020s, reducing worker mobility.
