Millennials make up a significant segment of the workforce and the buying public today. Their large numbers mean that when they all agree on something, trends will form. And one thing that they might agree with is where to live. This is why so many cities in the country are trying to take steps to attract them.
Growth in most areas occur in waves. Think of the population booms in cities like Seattle during the early and mid-nineties or Austin during the early and mid-2000s, and you’ll see that when a community takes the time to create a lifestyle that will attract younger residents, its entire population demographic can shift. [Read more…]