While I agree with some of your points, millennials are not fleeing suburbia because they can't afford it. They are moving to urban job centers because that's

While I agree with some of your points, millennials are not fleeing suburbia because they can't afford it. They are moving to urban job centers because that's where the best chance of employment is with a decent range of employers so you aren't locked into one or two who can abuse you because they know you have no other nearby options. Millennials would rather have a higher cost of living and lowered job risk these days. Then there are other aspects like, not wanting to drive everywhere because cars are so baby boomers, wanting amenities nearby, etc. They also have different views about kids and are having them later, so don't need the bigger living space just yet.