To paraphrase Bill Clinton, it's the housing, stupid! In addition to the troubling findings of the Bay Area Council poll, a California housing report found that Silicon Valley had the highest percentage of residents leaving their counties.
According to an analysis of U.S. National Travel Surveys, the Millennial preference for non-automotive travel is mostly hype. Millennials show behavior similar to other age groups and respond to the economy.
Interested observers have been predicting a crest of the American "back to the city" movement for years now—the idea that as Millennials come of age they will lose interest in urban lifestyles and seek the comfort of the suburbs.
Now proposing to add another 900 stores in 2018, Dollar General continues to rapidly expand throughout the U.S. However, their push for a smaller more urban format is something seriously worth watching.
The Washington Post examines "missing middle" housing as a solution for retaining millennials in cities and interior suburbs. There is still some question, however, about whether millennials are actually leaving urban areas.