Temporary until they have kids and want to send them outside to jump on the trampoline to get some quiet.
Yes. No mention of school quality/availability. Idiot real estate article.
That’s what I thought too. These young people are between age 20 and 30. Many haven’t yet had children or married or settled down. Give them a few years, and when children come along, they will want a suburban environment to raise their kids.
Anecdotal evidence for years has been that people move out of the cities when they have kids. Of those who remain in the city after having babies, many will move by the time the kids start school.
So I figure Generation Y will probably follow the same trends. As they have kids and get married, big numbers will want the traditional house with a backyard, similar to what they themselves grew up with.
“Temporary until they have kids and want to send them outside to jump on the trampoline to get some quiet.”
When you’re 25, what you want in a home is dramatically different than when children arrive. Heck - even “urban areas” don’t seem so fun anymore. Forget about “walking” everywhere when it’s raining, 100+ degrees, or snowing and you’re towing 100 lbs of stupid baby stuff. :)
Good point that I didn't consider. Yes, having kids changes everything. As several other posters stated, good (and safe) school districts will take a higher priority.
Temporary until they have kids...
I seriously doubt if children are part of the equation for most.
Somebody should take a look at the rich neighborhoods of Dallas, laods of kids, SUV in every driveway and YOUNG parents!! I doubt they are an anomoly.