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Cheap mortgages deter workers from relocating for $250,000 jobs

Summary by Salem News
Manager recruits in the industrial Midwest are shunning offers to move to the American South — in part because they’re locked into super-low 30-year mortgages.

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Salem NewsSalem News
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Cheap mortgages deter workers from relocating for $250,000 jobs

Manager recruits in the industrial Midwest are shunning offers to move to the American South — in part because they’re locked into super-low 30-year mortgages.

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Bias Distribution

  • 100% of the sources lean Left
100% Left

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Salem News broke the news in on Friday, May 24, 2024.
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