[Mike 75]

Originally Posted by EUPL

What Millennials Want: Plugging CT's Generational Drain - Hartford Courant

This is what the youth wants, they don't care for a new expensive homes and a white picket fence. They rather live on experiences, have things to do, this is why NYC, BOSTON, AUSTIN, DENVER, MIAMI, SAN DIEGO, HOUSTON, L.A, L.V are more appealing.


Someones comment on the courant site under the article: His point #2! We don't have a big city or anything that exciting in CT! Younger generations want to live downtown, a vibrant downtown!

maxanderson Guest

Rank 52Data shows that millennials are moving to the suburbs in ever-increasing numbers. The problem for CT is that they are moving to suburbs in Utah, Texas, North Carolina, etc and NOT Connecticut.

There are several problems with CT that make it not desirable for millenials:

1. High cost of living - staring out from college or grad school, often with loads of debt, you are looking for place where your earnings go far.

2. Lack of a true city - prior to having kids, most millennials want to be somewhere exciting and fun. While most move to the burbs, a large minority choose city life. No one looking for city life would choose Hartford.

3. Jobs - millenials want to be in a area with good career opportunities - Houston, Dallas, Denver, Austin, Boston or smaller cities like Boulder or Madison. CT lacks any growth that would attract a millenial.

Not until CT starts to grow, lowers cost for residents and turns Hartford into something more than a half-vacant office park, will CT attract millenials

Plenty of millenials living in Stamford, many of whom are priced out of NYC. Who do you think is living in all the new apartment buildings? CT is more than just the greater Hartford area.

[howdydoody342]

Originally Posted by Mike 75

Plenty of millenials living in Stamford, many of whom are priced out of NYC. Who do you think is living in all the new apartment buildings? CT is more than just the greater Hartford area.

Stamford prices are creeping up to NYC, I was priced out of stamford. Most of the apartments being built in stamford are "luxury" apartments that aren't being geared toward people starting out after college.

[Mike 75]

Originally Posted by howdydoody342

Stamford prices are creeping up to NYC, I was priced out of stamford. Most of the apartments being built in stamford are "luxury" apartments that aren't being geared toward people starting out after college.

I agree that Stamford is not geared to kids right out of college, but milennials include those up to their mid 30's. And there seems to be a lot of late 20's to mid 30's types in Stamford, much more than there were 10 years ago.

[howdydoody342]

Originally Posted by Mike 75

I agree that Stamford is not geared to kids right out of college, but milennials include those up to their mid 30's. And there seems to be a lot of late 20's to mid 30's types in Stamford, much more than there were 10 years ago.

I agree, but i also think that its geared to high earning professionals.. Whether thats a good thing or bad thing. It's transformed the area for sure, 95 is a mess.

[JayCT]

Originally Posted by EUPL

What Millennials Want: Plugging CT's Generational Drain - Hartford Courant

This is what the youth wants, they don't care for a new expensive homes and a white picket fence. They rather live on experiences, have things to do, this is why NYC, BOSTON, AUSTIN, DENVER, MIAMI, SAN DIEGO, HOUSTON, L.A, L.V are more appealing.


Someones comment on the courant site under the article: His point #2! We don't have a big city or anything that exciting in CT! Younger generations want to live downtown, a vibrant downtown!

maxanderson Guest

Rank 52Data shows that millennials are moving to the suburbs in ever-increasing numbers. The problem for CT is that they are moving to suburbs in Utah, Texas, North Carolina, etc and NOT Connecticut.

There are several problems with CT that make it not desirable for millenials:

1. High cost of living - staring out from college or grad school, often with loads of debt, you are looking for place where your earnings go far.

2. Lack of a true city - prior to having kids, most millennials want to be somewhere exciting and fun. While most move to the burbs, a large minority choose city life. No one looking for city life would choose Hartford.

3. Jobs - millenials want to be in a area with good career opportunities - Houston, Dallas, Denver, Austin, Boston or smaller cities like Boulder or Madison. CT lacks any growth that would attract a millenial.

Not until CT starts to grow, lowers cost for residents and turns Hartford into something more than a half-vacant office park, will CT attract millenials

Actually the truth is that Millennials are following what every previous generation has done. They were just delayed in doing so by the recession. Early signs are there that they are buying homes in the suburbs and they are now starting to have families. I subscribe to a professional website that is now publishing articles on this very fact. Only problem is I can't post those articles here. Sorry about that. Jay

[howdydoody342]

Originally Posted by JayCT

Actually the truth is that Millennials are following what every previous generation has done. They were just delayed in doing so by the recession. Early signs are there that they are buying homes in the suburbs and they are now starting to have families. I subscribe to a professional website that is now publishing articles on this very fact. Only problem is I can't post those articles here. Sorry about that. Jay

My guess is that it may take this generation into their 40s to start buying homes.

[mels]

Originally Posted by JayCT

Actually the truth is that Millennials are following what every previous generation has done. They were just delayed in doing so by the recession. Early signs are there that they are buying homes in the suburbs and they are now starting to have families. I subscribe to a professional website that is now publishing articles on this very fact. Only problem is I can't post those articles here. Sorry about that. Jay

Yup...when it comes down to it, most still favor the suburbs once they start producing offspring. It is true for Connecticut and every other state.