Sentences with phrase «urban millennials live»

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«We see millennial buyers in urban areas selling their cars,» said Stokes, adding that these buyers are also more open than ever to living in areas that aren't right next to a metro station.

Both Myers and the Atlantic's Joe Pinsker speculate that one major source of competition for aging millennials could be what Nielsen has called «urban burbs» — suburban developments built to be walkable, and include a mix of living and retail space, while still offering cheaper, larger houses.

The larger benefits for millennials are mainly because of cost of living increases, more years of benefits due to longer lifespans, and better and more expensive health care, said C. Eugene Steuerle, an economist with the Urban Institute who co-authored the analysis.

Like his couple, he may be too enamored of his Millennials to notice that they, too, beneath all the urban hipsterism, aren't exactly living the good life.

For more than a decade, cities throughout America have seen a resurgence of millennials and young professionals opting to live in urban areas rather than the suburbs, as was common with previous generations.

Think about our conception of millennials and what they do: Millennials are urban dwellers who take Uber from bar to bar, order lots of stuff online and live their lives on their smillennials and what they do: Millennials are urban dwellers who take Uber from bar to bar, order lots of stuff online and live their lives on their sMillennials are urban dwellers who take Uber from bar to bar, order lots of stuff online and live their lives on their smartphones.

85 % of millennials say they prefer urban - style living, and 68 percent of college - educated 25 - to 34 - year - olds say, first, they look for the place they want to live, then they look for a job.

«Hipster is a term popularly used to denote an international subculture primarily consisting of white millennials living in urban areas,» reveals Wikipedia.

In his doctoral thesis, recently published in the International Journal of Urban and Regional Research, Prof. Markus Moos finds sharp declines in inflation - adjusted incomes for millennials suggesting an entire generation will experience a lower standard of living.

millennials tend to live in urban areas and utilize pedestrian options, ridesharing (e.g. Uber), or public transit more than private cars.

This is the time of life when millennials are most likely to live in urban areas.

Also, urban - living millennials have tended to accumulate less stuff than their parents up until now.

Phoenix is still struggling to find an identity and lacks a great downtown and urban core which doesn't make it super appealing to millennials looking for a «cool» place to live.

«The interest in urban retail, particularly storefront retail, is driven by the Millennials and their preference for live - work - play environments,» Costello says, adding that investors are getting more comfortable with urban deals.

Myers, however, found that circumstance was the likely driver of urban living: Three cycles — one demographic, one economic and one housing - based — converged in the 2000s to drive millennials into downtowns.

When the single - housing market's bubble burst, rental housing units immediately became in demand, and thanks to the economy's gradual recovery and the arrival of the Millennial generation, who eschew single - housing in favor of renting in urban live / work / play neighborhoods, multifamily housing has continued to impress investors.

With the majority of Millennials preferring urban to suburban living, office investors are increasingly focusing on office buildings in urban settings with access to restaurants, transit options, and housing.

In most major U.S. urban markets, the cost of land has risen aggressively, in line with the greater demand for urban living by millennials and empty nesters.

Many employers, hoping to attract millennials as they age, are trying to marry the best of urban and suburban life, choosing sites near public transit and walkable suburban main streets.

Millennials currently live in urban areas at a higher rate than any other previous generation, according to the Nielsen report.

As Gen X and millennials move into more senior management roles and start families, many will move from urban cores to the suburbs to live in areas with good schools, but which are also near employment hubs and entertainment and recreational amenities.

Patrick Phillips, ULI's chief executive, says he believes the Millennials represent a big change from other generations, in that this group will continue to prefer more compact, urban homes, even later in life.

I just don't know how much of that is because millennials really want to live in a new subdivision in Frisco, Texas, and how much is because we've been so bad at providing them with attractive urban alternatives.

Millennials, who will comprise many of the employees Foxconn expects to hire at its downtown facility, tend to prefer urban areas, keeping their work, living spaces, and recreational activities in relatively close proximity.

The 80 percent of respondents who indicated they plan to eventually buy a house or apartment contradicts a popular notion that millennial preference for living in dense, walkable urban areas makes home ownership less attractive to this generation.

Half of all Millennials live in suburban communities and 4 out of 5 live outside of an urban core.

Just one quarter of Millennial homeowners live in an urban area.

In reality, just one quarter of Millennial homeowners live in an urban area.

Nearly half of Millennial homeowners live in the suburbs (47 percent), while a third settle in an urban setting (33 percent); fewer opt for a rural area (20 percent).

A larger share of Millennial homeowners live in urban areas than older generations, but 47 percent live in the suburbs.

Additionally, a larger share of Millennials live in urban areas (33 percent), where DIY may be the more affordable option.

To start, Forest City has an urban footprint in major metropolitan regions around the country: «These are seen as the highest growth markets in the U.S., and young people and millennials look to metro areas as live - work - play environments,» he notes.

Tech firms are also competing for Millennial workers, the generation that has brought back the urban living trend.

While many millennials choose to live in urban areas as renters, when they're ready to buy, they're increasingly seeking single - family homes outside of urban areas, according to the 2016 National Association of REALTORS ® Home Buyer and Seller Generational Trends study.

«They [millennials] seem more willing than other cohorts to trade space for access to transit and a walkable, mixed - use lifestyle,» says Stockton Williams, executive director of the Urban Land Institute's Terwilliger Center for Housing in Washington, D.C. «It doesn't necessarily mean they're all saying they want to live in downtown central cities.

In a previous column, I explored the recent and rapid transformation of urban living, driven by the desire among younger people — the millennial generation in particular — to enjoy the emerging live / walk / work lifestyle.

Millennials would rather choose smaller homes to live close to urban areas where they can walk or bike.

Despite the stereotypes that these young adults mostly seek urban living with a high walkability factor, millennials says they prefer single - family homes on large lots in the suburbs, with two out of three (67 percent) indicating they plan to purchase a single - family detached home, while only 12 percent says they plan to purchase a townhome or condominium.

Cities and neighborhoods across the U.S. are experiencing a boom in popularity as millennials and baby boomers alike rediscover the appeal of urban living, prompting ripple effects in local office, retail and multifamily development.

The shift reflects demographic trends of millennials delaying family life and choosing condos, and shifting preferences, as people seek walkable neighborhoods with urban amenities.

New apartment buildings are on the rise in urban markets, creating new spaces for millennials and baby boomers alike to live closer to the city center.