Have Cities Hit “Peak Millennial”? Governments Making Costs Too Expensive
20th March 2016
Urban areas might have reached “peak millennial.” As housing costs stay high and youth unemployment lags behind the general unemployment rate, older millennials have looked toward lower-cost suburbs with economic opportunity. Urban NIMBYism and government restrictions that drive up rents have pushed away millennials.
My, what a surprise! Aren’t you surprised? I’m sure surprised.