The now-cooling housing market, which had been growing at rapid clip, priced a lot of housing outside the reach of many middle-class workers. Looking for affordable housing, a lot of families have opted to move further out into the suburbs looking for cheaper housing. This would seem like a solution to the problem of ever-increasing home prices.
Maybe not (WSJ, $$):
Moving to an area with lower housing costs often doesn't pay off for low-income Americans, according to a study to be released today by the Center for Housing Policy, a nonprofit research group based in Washington.