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Real Estate
Reply to "DC Expensive Real Estate causing Millennials to leave for the suburbs"
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[quote=Anonymous]Now that I look at those stats, I'm not so sure you can jump from those stats to the assumption that in general older millenials are moving out because they can't afford larger living space. I mean, I wouldn't be surprised if it were true but I would want to know more about the reasons behind that distribution. Plus they're comparing two different groups of people - the out-movers and the in-movers. So just about the same percentage of older millenials moved in as the percentage that moved out. It's not clear what that tells us. So there are fewer older millenials moving in - but wouldn't it be more likely that more younger millenials would move here right after college whereas the older ones would be more settled? Also there are still larger percentages of younger millenials moving out, so for what reason are they moving out? Interesting story. Probably this is a thing for some older millenials but the stats are not in and of themselves convincing.[/quote]
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