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Urban millennials are making today’s housing gridlock worse


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America is still in the midst of a housing crisis, and it’s not just because of record-high housing prices. It also has a lot do with a lack of millennials on the move.

US mobility has been down since the Great Recession, according to a recent study by the University of Southern California that looked at local-level mobility in US metro areas from 2010 to 2019. The study analyzed data from the American Community Survey, new housing construction records, and employment growth.

It found that mobility rates were down by one-quarter from the 2000s. details ⇒

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