Frey says Millennials are 'mired' when it comes to residential moves
"America on the Move Becomes Stay-Home Nation for Young" - Bloomberg Businessweek. 5/12/2014.
Recent census data show that America's Millennials (born 1981 to 2000) are less mobile than their parents' generation. William Frey says this decline, which economists fear may be holding back recovery in the labor and housing markets, is because "millennials are mired down, very cautious about buying a home or moving to new areas."
Additional Media Coverage:
"Millennials Need to Leave the Parent Trap" - Bloomberg.com. 5/16/2014.