Why Millennials Are Moving To The Suburbs And Where They’re Landing


Why Millennials Are Moving To The Suburbs And Where They’re Landing


Millennials` affinity for cities seems undeniable, as the increasingly car-less contingent relies on the accessibility and conveniences that urban environments offer. Many millennials value the entertainment, nightlife and energy of major cities, but as they mature, accumulate wealth and contemplate settling down to start families, a growing number are finding the frenetic pace of city life does not suit their aspirational lifestyle. A 2013 Demand Institute Housing and Community Survey found 48% of millennials want to live in the suburbs, while only 38% wanted to be in cities...

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RSK: If millennials change their mind burbs/cities/burbs who really cares. Many generations do that. Once the family is out of the nest they move into urban cores.
Ken Notes: I hope we remember in any "group" there are a variety of buyers looking for different options from urban to suburban.

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- - Volume: 5 - WEEK: 38 Date: 9/19/2017 9:01:23 AM -