Rich Americans likelier to move, reversing pre-COVID migration data ...Middle East

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Rich Americans likelier to move, reversing pre-COVID migration data
By Alex Tanzi | Bloomberg High-earning Americans are now likelier to move house than low earners in a reversal of the usual pattern, according to new research, as the pandemic offers remote-work opportunities to white-collar employees. The biggest jump in residential migration has come among workers earning more than $150,000, according to an analysis by Apartmentlist.com based on U.S. Census Bureau surveys. About 16% of that group relocated in the past year, up from 11.5% in 2019. That’s a break from past data that shows a strong inverse relationship between moving and income, with high earners more likely to stay put, the report said. A survey by the New York Federal Reserve backs Apartmen

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