I'll define "local" as within an hour's drive (+/-) of your home.
Why? Why not?
Time/Availability? (e.g. wifey makes it hard to do locally)
Selection? (not a lot to choose from where I live)
Economics? (pricing is more/less favorable where I live)
Discretion? (I'm the high school principal and as much as I fantasize about it I realize it isn't a good idea to sleep with my former students, etc.)
Market knowledge? (I know my local scene, why mess with a good thing and get ripped off somewhere else)
Myself: My on the road activity has declined substantially over the years primarily because my travel in general has declined (or at least is more in & out with less time for fun) coupled with being in a good market (ATL)