By: Diane Benjamin
I don’t think Tari Renner and most of the City Council are keeping up to date! We are constantly told we need Complete Streets because millennials want to ride their bikes to work. We need to spend millions downtown because millennials want to live there.
Since (I think) Tari just got back from yet another Mayor’s Conference, I wonder if he heard the age of millennials is over?
Maybe Tari should read the
New York Times!
See the story HERE
Peak Millennial? Cities Can’t Assume a Continued Boost From the Young
Over the past decade, many American cities have been transformed by young professionals of the millennial generation, with downtowns turning into bustling neighborhoods full of new apartments and pricey coffee bars.
But soon, cities may start running out of millennials.
A number of demographers, along with economists and real estate consultants, are starting to contemplate what urban cores will look like now that the generation — America’s largest — is cresting.
Dowell Myers, a professor of demography and urban planning at the University of Southern California, recently published a paper that noted American cities reached “peak millennial” in 2015. Over the next few years, he predicts, the growth in demand for urban living is likely to stall.
The debate is full of contours and caveats, but it really boils down to this: Are large numbers of millennials really so enamored with city living that they will age and raise families inside the urban core, or will many of them, like earlier generations, eventually head to the suburbs in search of bigger homes and better school districts?
A LOT more good stuff is in the article.
Ask the candidates if they will quit wasting your money on Quality of Life now?
Their target for this spending is disappearing to the suburbs.
The story was printing yesterday!