[dfraser992]

When I was growing up in the US, suburbs were "the thing". I have read (sorry, can't remember where - the Atlantic?) they are becoming less that, due to social changes and increasing population density in the cities. So the projection is that the suburbs in the future will become almost slums as the poor migrate - the housing slump in Florida is one data point.

[ghaff]

There are a lot of generalities and anecdata thrown around in these sorts of demographic discussions. Certainly "white flight" has generally reversed and there's a fair bit of gentrification going on in formerly rundown areas of certain cities.

However, the "millennials are all moving to cities" meme seems to be much overstated. e.g. from fivethirtyeight [1] "Millennials overall, therefore, are not increasingly living in urban neighborhoods. Rather, the most educated one-third of young adults are increasingly likely to live in the densest urban neighborhoods. That’s great news for cities trying to attract young graduates and a sign that urban neighborhoods have become more desirable for those who can afford them. But the presence of more smart young things in Brooklyn is not evidence that millennials are a more urban generation."

I don't know much about Florida is particular. Anecdotally, I'd say that the cliche of retiring to Florida doesn't seem to apply to just about anyone I know. If anything, they're retiring to the desert Southwest if they're seeking a warm climate.

[1] http://fivethirtyeight.com/features/why-millennials-are-less...