

The person you’re replying too doesn’t know what they are talking about. Once you start moving around several thousands of dollars (10k?) they will always ask you so they can document it and report it to the IRS/FBI if necessary. In my experience, once you move around enough money to have to go to a banker’s desk verses a teller window they will want to know what’s going on.
I don’t have a WSJ subscription so I couldn’t read the article. One thing I haven’t seen discussed is being house trapped. If you purchased a house before everything got crazy and refinanced with a sub 3 interest rate you are effectively trapped in your house now. You would need to make so much more money to buy your same house now. It would be a stupid financial decision to move for a job. What you end up with a stupid long commutes.