Hmm...
I live in central IL (near Peoria) currently - we saw housing prices increase by 10.5% in the past year. The economy here is booming due to Caterpillar and the medical industry. Oddly enough, Binghamton, NY where I grew up, and my mother still lives, was #1 for housing this past year (up 14.8 percent). It's not all bad everywhere.
I personally can work from anywhere (although my largest client is asking me to spend a lot of time out in California, which I will be) but my wife's job (Sr. Engineer) is tied to this area. Yes, she could likely get a job in WY but at a much lower salary from what I've seen. Our jobs are also both pretty stable, my wife's especially since the weak dollar helps her company's sales and that company has never laid off an engineer (plus there are a large number of Sr. people nearing retirement age.)
I too am concerned about the state of the economy but what if you're wrong? The cost of closing out our 401Ks and uprooting ourselves could very well mean the difference between a comfortable early retirement (age 50), living wherever we want and never
needing to work again or saying "Welcome to Walmart" in our 80's. (Not that there is anything wrong with that but it isn't in my plans.) Our 401Ks are positioned such that they won't be destroyed if the dollar continues to weaken (healthy doses of unhedged foreign equities and short-term bonds) and will perform exceedingly well should we see an economic recovery. If they do happen to be wiped out then things will have gotten so bad that money will be the least of my concerns.
As long as there have been calamities (financial and otherwise) afflicting humankind there have been people saying the "end is neigh". To date they have been (mostly) wrong. The world didn't stop working when the clock struck midnight on Jan 1, 2000 and it won't likely now. I am not characterizing the current economic crisis with Y2K but the point is the same. There are plenty of predictions on both sides, but nobody really knows what will happen.
Don't get me wrong, things are not all hunky dory and I
am worried about many things, including the economy, threats to our freedoms and liberties and the future in general. I am not however huddling up and living my life in fear. I am preparing for bad times even as I hope we avoid them. At the same time, I am keeping focussed on my career and investments. Preparing for the worst is one thing, counting on it is entirely another.
If Wyoming will no longer welcome me when I am ready to move, so be it. I don't consider myself enough of an elitist to live in that type of environment anyway. In my life I've found that there are good people everywhere (many of them in the little town I live in here). Wyoming certainly doesn't have an exclusive on them. I'll simply stay put and live my life here. It's less freaking cold here anyway.
If I am right and things don't go completely to hell (I do think things will be hard for many people) in the next several years then the extra cash we'll have saved might let us buy a nice place to live at an even cheaper (in dollar terms) cost than today.
So those are my 'excuses'... Everyone obviously should make up their own minds and follow their hearts but panic and rash decisions are almost never a good idea. If the time is right for you to make the move, do so. If not, don't. There are always risks with whatever decisions you make.