US Millennials Are Leaving High-Priced Cities
- 5 years ago
US Millennials Are Leaving High-Priced Cities According to the U.S. Census Bureau, nearly 30,000 ditched
major cities last year. The bureau accounted for
people aged 25 to 39 years old. A report from Axios says the moves
are mainly due to rising house costs. It adds that young people are mostly re-locating to suburbs outside
of high-priced cities. Major urban areas where young people are fleeing include Chicago and Washington, D.C. 'The Wall Street Journal' says
that some affordable cities are
seeing a rise in millennials. These areas include
Austin, Texas, and
Columbus, Ohio. According to SmartAsset, a 2018 report shows that NYC is losing in
popularity to Seattle and Denver.
major cities last year. The bureau accounted for
people aged 25 to 39 years old. A report from Axios says the moves
are mainly due to rising house costs. It adds that young people are mostly re-locating to suburbs outside
of high-priced cities. Major urban areas where young people are fleeing include Chicago and Washington, D.C. 'The Wall Street Journal' says
that some affordable cities are
seeing a rise in millennials. These areas include
Austin, Texas, and
Columbus, Ohio. According to SmartAsset, a 2018 report shows that NYC is losing in
popularity to Seattle and Denver.