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Relocating can be expensive and time consuming. Also if you work on 3, 6 or 12 month contracts, it doesn't make sense to move 2-3 times a year. If that's the case your better option is to settle in a place you like, where there are plenty of jobs. Sometime it might be better to wait a few more weeks to find a local job, instead of jumping on the first job opportunity far away.
YEs I would, unless its a really small town in the middle of nowhere. Nothing really ties me down. I will be able to find new friends and hobbys there.