NerdWallet: Decline in housing affordability is keeping Americans out of their desired markets

As housing affordability becomes a top concern for homeowners across the country, a new report from NerdWallet indicates many are refraining from moving in order to evade relocation costs. According to the company’s data, about six in 10 renters not living in their ideal location would rather give up the opportunity to own a home than move to a less desired location.