CRE MYTHS: MILLENNIALS DON’T ALWAYS PREFER THE CITY TO THE SUBURBS

CBRE has set the record straight—most Millennials are not city-flocking suburbia haters.  In a recent study, the firm dispels the myth that American suburbs are dying, saying that statement is grossly exaggerated. Recent census data shows 30% percent of Millennials live within urban areas—and the remaining 70% are in no rush to move downtown. According to US Census data, the nation is less urban than it was in 2000.

Read the article on biznow.com >