How will the ATL change if the Millennials go suburban? (Atlanta: 2013, condo)

[arjay57]

Millennials need elbow room just like everybody else.

If this trend happens here, where will they wind up? How will it affect the dynamic between the city of Atlanta and the surrounding areas? And how will this change the areas where they decide to settle?

Millennials' affinity for cities seems undeniable, as the increasingly car-less contingent relies on the accessibility and conveniences that urban environments offer. Many millennials value the entertainment, nightlife and energy of major cities, but as they mature, accumulate wealth and contemplate settling down to start families, a growing number are finding the frenetic pace of city life does not suit their aspirational lifestyle. A 2013 Demand Institute Housing and Community Survey found 48% of millennials want to live in the suburbs, while only 38% wanted to be in cities.

More family-oriented suburbs typically offer more space, privacy, safety and quiet with better schools. For many millennials, those factors still exemplify the American dream, and are associated with comfort and stability. Suburban lodgings, particularly stand-alone homes, can telegraph success to friends and family.


"As we analyze population trends, it could be argued that we are in the beginning stages of a shift in millennials' preferences as they age and consider having families of their own," KeyBank Executive Vice President Dan Baker said. "But, liquidity is still a real obstacle to homeownership for them, and we are seeing just over half of all millennials today are renters."

More....Many Millennials Prefer The Suburbs. Here’s Why

[Soccernerd]

I'd imagine whatever generation comes after (I don't know if there's a name yet) will replace Millenials in the city. Living in a 600 square foot condo is appealing when you're 26 and single, but when you start having a family, people realize it's a heck of a lot easier living in the 'burbs. I know I did as a Millenial.

Perhaps Millenials will be more likely than previous generations to stay in urban areas than other generations regardless of family situation. In the next few years, I predict there will be a shift to the suburbs.

[TripTychTwo]

TIL Millennial's are the last generation of humans.

[1lifealex]

The newest generation is called Generation Z the last Millennials were born sometime in the mid 90s

[jsvh]

Originally Posted by arjay57

Millennials need elbow room just like everybody else.

If this trend happens here, where will they wind up? How will it affect the dynamic between the city of Atlanta and the surrounding areas? And how will this change the areas where they decide to settle?

Looks like your link is calling for a much stronger preference for city living than even the 1.3 Million Tim Keane and Ryan Gravel are preparing for coming into the city limits. They are only assuming 15% want to live in the city. Your link says 38% prefer to live in the city.

If anything we need to be doing much more to allow for and support more density in the city, not sprawling out into the suburbs more.

...The Metro Atlanta region is expected to grow to 9 million people by 2050, of which 15 percent or 1.3 million would choose to be city of Atlanta residents...

Atlanta planning ahead for 1.3 million people by 2050 - Atlanta INtown Paper

[bu2]

Originally Posted by arjay57

Millennials need elbow room just like everybody else.

If this trend happens here, where will they wind up? How will it affect the dynamic between the city of Atlanta and the surrounding areas? And how will this change the areas where they decide to settle?

Millennials have not been any different than Boomers in their living choices. That statistics show that. Its just urban legend spread by urban media people who live in a bubble and don't know anyone OTP (or outside the Beltway or outside the Loop-whatever the local phrase is).

Many Boomers tended to live close in when young and single. Same with Millennials. Will be the same with the next generation.

[testa50]

Originally Posted by bu2

Millennials have not been any different than Boomers in their living choices. That statistics show that. Its just urban legend spread by urban media people who live in a bubble and don't know anyone OTP (or outside the Beltway or outside the Loop-whatever the local phrase is).

Many Boomers tended to live close in when young and single. Same with Millennials. Will be the same with the next generation.

Please cite.

I'm really fascinated to learn how white flight was an urban legend.

[ronricks]

Why are we citing outdated studies from 2013 in 2017? Things change. Also doesn't discuss the debt that many Millennials have saddled themselves with. That is going to impact being able to buy a home.

[ronricks]

Originally Posted by testa50

Please cite.

I'm really fascinated to learn how white flight was an urban legend.

I don't think anyone denies that white flight happened it is the reasons for such that are debated. The automobile and expanding highways/interstates, cheap land and taxes, bigger home and yard for your money and better schools and lower cost of living was a big deal in attracting people away from cities. Mobility increased. The funny thing is now that white people are moving back into cities they are also being vilified. Why is that? Either choice they will be criticized so in the end does it really matter what white people choose to do?

[arjay57]

Originally Posted by jsvh

Looks like your link is calling for a much stronger preference for city living than even the 1.3 Million Tim Keane and Ryan Gravel are preparing for coming into the city limits. They are only assuming 15% want to live in the city. Your link says 38% prefer to live in the city.

If anything we need to be doing much more to allow for and support more density in the city, not sprawling out into the suburbs more.

Atlanta planning ahead for 1.3 million people by 2050 - Atlanta INtown Paper

We'll still have to find a way to handle the 7.7 million who live outside the city limits.

Don't forget that a lot of Millennials will be looking at the nearest active seniors community by then.