Pew Research Report Finds Finances Fuel Many Moves: Investor Takeaway

As the pandemic has worn on, the number of people citing finances for changing addresses has gone up, while the number citing coronavirus risk as their reason has gone down, according to a recent report from the Pew Research Center. Of course, we're not talking about a huge proportion of the American people, but Pew said the share of U.S. adults who had moved during the pandemic grew from 3% in a June 2020 survey to 5% in a November follow-up. In June, 28% of the respondents said they moved for risk reasons and 18% cited financial reasons.