U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > Michigan > Grand Rapids metro area
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-30-2017, 05:08 PM
 
Location: Grand Rapids Metro
8,885 posts, read 18,156,429 times
Reputation: 3893

Advertisements

This might explain part of the housing shortage situation..

Grand Rapids millennials lead U.S. in homeownership | MLive.com
Rate this post positively Reply With Quote Quick reply to this message

 
Old 04-30-2017, 07:24 PM
 
Location: West Michigan
3,120 posts, read 5,813,533 times
Reputation: 4487
That's an interesting stat. There seems to be a lot of young people in West Michigan that settle down, get married, and have kids at a relatively young age. It would make sense that they are also buying houses at a higher rate than other places.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-01-2017, 07:41 AM
 
Location: Louisville
4,386 posts, read 4,176,470 times
Reputation: 7516
I wonder what the correlation is? Do you think it has anything to do the high rate of GVSU graduates staying after they graduate?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 05-01-2017, 11:39 AM
 
Location: Grand Rapids Metro
8,885 posts, read 18,156,429 times
Reputation: 3893
Quote:
Originally Posted by mjlo View Post
I wonder what the correlation is? Do you think it has anything to do the high rate of GVSU graduates staying after they graduate?
I don't think so, I don't think most people buy a first house until at least 3 - 5 years out of college. In the article they mention 28 - 32 year olds as of 2015 data.

I also think that if you come from a very large city, it's almost frowned upon to buy a home and settle down. Renting is what all the hip kids do.

If you grow up in a very large city, you're expected to be mobile, and probably not even look at colleges in the same State where you live, or to settle down there. Whereas in a city of GR's size, it's more likely you'll be less mobile and settle here and raise a family. Similar to what michigan83 said, although statistically I don't know if West Michigan young people get married at an earlier age than the national average?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 10-29-2017, 06:16 PM
 
Location: Wyoming Michigan
57 posts, read 40,315 times
Reputation: 90
I recently attended a presentation on the overall economics of the Nation, Michigan and Grand Rapids or West Michigan in particular. There are a bunch of great things going on in Grand Rapids that is bringing in younger people and retaining them here. Jobs outlook is great. Opportunities are great. Cost of living is lower than many metropolitan areas. Grand Rapids area people have a large disposable income as well. Housing costs per square foot is still relatively low. Who wouldn't want to live here?
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Michigan > Grand Rapids metro area
View detailed profiles of:

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top