Will Urban-Loving Millennials Become Suburban Parents?

Real estate advisor Melina Duggal suggests that while studies show that today Millennials are seeking urban digs, that preference could change as they grow older and suburbs get more walkable.

1 minute read

June 13, 2011, 9:00 AM PDT

By Tim Halbur

Duggal also cites a a recent report by Morley Winograd and Michael D. Hais, authors of Millennial Makeover: MySpace, YouTube, and the Future of American Politics (See all Popular Culture Books).

According to the report, "43 percent of millennials describe suburbs as their 'ideal place to live,' compared with just 31 percent of older generations. It found that 54 percent of millennials live in suburban America, and most of those who do say they want to raise their own families in similar settings."

University of Southern California economics professor Peter Gordon reacts:

"The renaissance/revival/regeneration fantasies will have to be placed on hold one more time."

FULL STORY: Suburban Hip Is Where It’s At

Monday, June 13, 2011 in The New York Times

Social / Demographics New York Suburbs Millennials

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