Move to Where the Jobs Are? Most Can't.

Morgan Stanley report:

America’s workers have always been footloose.  Even in the Great Depression, they looked for work wherever it was. Today, however, about one in four homeowners is trapped in their house because they owe more than the house is worth, so they can’t move to take another job — until they sell or walk away.

via Americans Aren’t Working Because They Can’t Move Anywhere.