The largest, most diverse generation in U.S. history has experienced setbacks, but many are now moving past student debt and the effects of the Great Recession into their prime buying years.

"We've only seen the beginning of millennial housing demand," writes Hillary Hoffower to amplify the points made in a recent "commentary" written by Dana M. Peterson for Barron's [paywall]. Unless you have a subscription to Barron's, Hoffower's aggregation will have to stand in for the analysis provided by Peterson, who is the chief economist at non-profit The Conference Board.
Many Millennials are just now entering into peak home-buying years, according to Peterson's argument. Many have struggled for years to build up the necessary cash to buy a home thanks to the Great Recession and a "mountain of student debt" incurred by the record high cost of college.
"The sheer size of the millennial population, and the fact that they are just entering peak years for starting families and earning money, means that demand for housing has room to run," writes Peterson for Barron's.
The implication, of course, is that a new glut of Millennial homebuyers is adding additional demand to a housing market already sodden with low-interest rates and competition from institutional buyers, work from home, and a lack of existing supply.
FULL STORY: Millennials Will Drive Home Prices Up for Years to Come

Rethinking Redlining
For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Walmart Announces Nationwide EV Charging Network
The company plans to install electric car chargers at most of its stores by 2030.

New State Study Suggests Homelessness Far Undercounted in New Mexico
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Michigan Bills Would Stiffen Penalties for Deadly Crashes
Proposed state legislation would close a ‘legal gap’ that lets drivers who kill get away with few repercussions.

Report: Bus Ridership Back to 86 Percent of Pre-Covid Levels
Transit ridership around the country was up by 85 percent in all modes in 2024.
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