October 10, 2024

Real Estate – Millennials Prefer Suburbs

I’m sure this current survey showing that millennial’s prefer suburban living versus the downtown city lifestyle will cause much anxiety within the bureaucratic social engineering crowd.

Here in San Diego, there is no doubt that local government would love to have the majority of the populace be concentrated within the city boundaries. Sure, urban versus suburban living has its advantages as well as disadvantages. Bureaucrats and realtors could argue the pros and cons for an eternity. But, in my eyes. It boils down to the fact that beauty is in the eye of the beholder.

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Originally, coming from New York City. I had my fill of the urban lifestyle and was one of the reasons that I chose to relocate into San Diego. Personally, I needed a little elbow room! I love my backyard that borders on a city park with open views toward the ocean. Also, I guess now that I’m an official senior citizen, having everything on one level is nice. Plus, being able to go from my house directly into my three-car garage is something that I’m not about to ever give up.

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I can certainly see the downtown city high-rise lifestyle for young professionals starting their careers and seniors who cherish the fact that they no longer need a car to to shop or enjoy all the downtown attractions.

Again, for me personally, I think once that first child arrives, there is a marked benefit to suburban living. It would seem from this latest survey, that the vast majority of today’s millennial’s share my feelings toward the suburban lifestyle.

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Addition real estate reading:

Urban Sprawl, Cars Hamper Cities’ Best Efforts on CO2 – Climate Central

http://news.google.com Tue, 07 Apr 2015 12:01:56 GMT

Climate CentralUrban Sprawl, Cars Hamper Cities’ Best Efforts on CO2Climate CentralLess dense cities, on the other hand, see more people driving to work from distant suburbs, usually leading to more tailpipe emissions. Commuter traffic heading into Denver on Interstate 25. Credit: Jared Tarbell/flickr … “By contrast, cities that …Mass transit isn’t necessarily the answer to lower carbon emissionsQuartzStudy of vehicle emissons will aid urban sustainability effortsPhys.Orgall 5 news articlesï¾  …

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Cleveland

economy slowed, and residents sought new housing in the suburbs, reflecting the national trends of urban flight and suburban growth. In the 1950s and 1960s

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Real Estate – Millennials Prefer Suburbs

 

1 thought on “Real Estate – Exit from the Cities

  1. In all my years in the real estate business, I’ve only had one buyer who said she wanted to live mid-city. Also, I work in the suburbs, so I never thought there had been a change in the first place. I think it depends on where a person grows up. Evidently, some folks like to hear buses stop up the block, etc.

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