A new survey released on Wednesday by the National Association of Realtors finally put to rest the debate over whether millennials are likely to remain city dwellers or eventually move out into the suburbs.
According to the findings, 66 percent of individuals born since 1977 want to live in a single-family home in the suburbs, even if they are now reside in the city.
“While you are more likely to attract this generation than other generations to buy a condo or a house downtown, that is a relative term,” said Rose Quint, the association’s assistant vice president of survey research. “The majority of them will still want to buy the house out there in the suburbs.”
Image via flickr/futureatlas.com
(Visited 46 times, 1 visits today)