{"id":64628,"date":"2017-08-25T21:25:51","date_gmt":"2017-08-25T14:25:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-miserable-reason-behind-millennials-slow-march-to-the-suburbs-jamie-peck\/"},"modified":"2017-08-25T21:31:36","modified_gmt":"2017-08-25T14:31:36","slug":"the-miserable-reason-behind-millennials-slow-march-to-the-suburbs-jamie-peck","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-miserable-reason-behind-millennials-slow-march-to-the-suburbs-jamie-peck\/","title":{"rendered":"The miserable reason behind millennials' slow march to the suburbs | Jamie Peck"},"content":{"rendered":"


\nMore and more young people are leaving expensive cities to settle in areas suffering from suburban blight \u2013 a sign that the kids could be alrightIt\u2019s common knowledge by this point that millennials are killing everything. From napkins to diamonds to the future of the human race, it seems like no sacred institution or consumer good is safe from this generation of selfie-snapping murderers. Imagine my surprise, then, when Bloomberg News revealed that my generation is now beginning to have kids, move to the suburbs, and purchase homes and cars like real Americans. According to data released by Zillow Group, 18-to-34 year olds have become the largest group of homebuyers in the US, comprising some 42% of the total pool, and almost half live in the suburbs. This tracks with earlier data that said the average age of first-time home buyers is falling and millennials\u2019 representation among said buyers is rising. It is also supported by studies showing that the flow of young professionals to cities has peaked, and the outflow of young couples to the suburbs has started up again. Continue reading…
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\nSource : theguardian.com
\nRead more…The miserable reason behind millennials’ slow march to the suburbs | Jamie Peck<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

More and more young people are leaving expensive cities to settle in areas suffering from...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-64628","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-gOo","jetpack-related-posts":[{"id":108811,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-are-moving-to-the-suburbs-but-suburbs-cant-keep-up\/","url_meta":{"origin":64628,"position":0},"title":"Millennials are moving to the suburbs, but suburbs can't keep up","date":"July 9, 2019","format":false,"excerpt":"\r Fifty-five percent of Americans are now living in the suburbs. Valerie Bauerlein, WSJ, and CNBC's Diana Olick join \"The Exchange\" to discuss how the suburbs are dealing with the inflow of new millennial residents.\r \r Source : cnbc.com\r Read more...Millennials are moving to the suburbs, but suburbs can't keep\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-flight-to-the-suburbs-is-real-and-growing-as-coronavirus-changes-the-way-people-live\/","url_meta":{"origin":64628,"position":1},"title":"The flight to the suburbs is real and growing, as coronavirus changes the way people live","date":"June 19, 2020","format":false,"excerpt":"\r If millennials once piled into the cities, fueling downtown renewal and growth, apparently they are now piling out. The stay-at-home orders brought on by coronavirus have more potential homebuyers looking for properties in the suburbs. Millennials are now the largest cohort of buyers.\r \r Source : cnbc.com\r Read more...The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guess-whos-moving-to-the-burbs-millennials-really\/","url_meta":{"origin":64628,"position":2},"title":"Guess who's moving to the 'burbs? Millennials, really","date":"March 9, 2016","format":false,"excerpt":"\r Millennials are buying less in cities, and turning their interests to the suburbs, says the National Association of Realtors.\r \r Source : cnbc.com\r Read more...Guess who's moving to the 'burbs? Millennials, really","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-millennials-flee-coronavirus-ridden-cities-jp-morgan-teams-up-with-american-homes-4-rent-to-build-large-suburban-rental-homes\/","url_meta":{"origin":64628,"position":3},"title":"As millennials flee coronavirus-ridden cities, JP Morgan teams up with American Homes 4 Rent to build large suburban rental homes","date":"May 15, 2020","format":false,"excerpt":"\r In its first joint venture with JP Morgan Asset Management, one of the nation's largest single-family landlords is building its own rental homes outside Las Vegas, banking on a new millennial push to the suburbs--a push now accelerating due to the coronavirus.\r \r Source : cnbc.com\r Read more...As millennials\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-the-savvy-stay-at-home-generation\/","url_meta":{"origin":64628,"position":4},"title":"Millennials: The savvy, stay-at-home generation","date":"October 13, 2017","format":false,"excerpt":"\r Millennials are increasingly moving home with their parents, Curbed reports. But don't call them lazy. Call them savvy.\r \r Source : cnbc.com\r Read more...Millennials: The savvy, stay-at-home generation","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90798,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/video-who-are-the-millennials\/","url_meta":{"origin":64628,"position":5},"title":"Video: Who are the millennials?","date":"June 7, 2018","format":false,"excerpt":"\r Millennials are the largest and most powerful consumer generation since the baby boom. But who are they? Where do they live? What is their spending power? We dig into the numbers as part of the FT series Millennial Moment: the business of a generation.\r \r Source : arabianbusiness.com\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64628"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=64628"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64628\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=64628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=64628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=64628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}