Crypto News: Americans are stuck

Moving Day was once an annual celebration of mobility in the US, a chaotic moment when tens of thousands of renters packed up and moved as leases expired en masse. Today it's a lost holiday as Americans have become less likely to relocate, even if it means missing out on better opportunities.

That's been a disaster for both housing affordability and economic progress, according to Yoni Appelbaum, an Atlantic magazine editor and author of the new book Stuck: How the Privileged and the Propertied Broke the Engine of American Opportunity. In a conversation with contributor Patrick Sisson, he points to zoning regulations as the main culprit and offers idea for how the country can build out of the crisis. Today on CityLab: Why American Mobility Ground to a Halt

— Linda Poon

More on CityLab

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The Oregon city was a leader in US urban innovation until crime, housing costs and downtown vacancies surged. Now locals see signs of rebirth.

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Elon Musk is one step closer to creating his own city in the southern tip of Texas. A local vote was set for May 3 on his bid to incorporate Starbase.

America's Most Exclusive Suburbs Are Finally Building More Housing
States—and even historic towns like Lexington, Massachusetts—are easing real estate zoning to fight the affordability crisis.

What we're reading:

California city votes to criminalize helping people in homeless camps (Washington Post)
When fires rage, millions turn to Watch Duty. Meet the guy who made it (Wired)
Some tenants could get only one day's eviction notice, under federal bill (New York Times)
Google Maps blocks Gulf of America reviews after rename criticism (BBC)
Inside the world's most famous aeroplane boneyard (Economist)