4 ms·
Right, though they are becoming less poor as they get older (and probably starting to have kids). Tremendously high housing costs in desirable core neighborhood
by lazerpants 9y ago
Right, though they are becoming less poor as they get older (and probably starting to have kids). Tremendously high housing costs in desirable core neighborhoods also muddy the trend, as it is simply impossible for the non-wealthy to buy in those neighborhoods, so millennials may be buying in the suburbs out of necessity, rather than preference.
- ghaff 9y agoThere are a lot of conflating fine-grained trends that add up to aggregate shifts, which are not necessarily all that large (and therefore hard to examine). Cities/suburbs are not binary things. College-educated millennials don't have the same behaviors as non-college educated ones. Marriage ages and first child ages have shifted as have overall demographics. San Francisco is not New York City is not Detroit is not Austin. The cities that are thriving are much more livable than they were a few decades ago. You end up with lots of fodder to spin tales that can reinforce just about any narrative you like.