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by ghaff
1863 days ago
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>nobody young was moving to places like Midtown Atlanta or downtown Austin in the early 2000s just because they were priced out of the suburbs. Sure. But my point was that, in the aggregate, they weren't. Maybe by the early 2000s, there were more jobs there, their parents lived there, their friends were starting to be there, etc. So, yes, at some point especially college-educated young professionals started to pay an urban premium for the lifestyle. We'll see to what degree that continues. |
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I actually agree with `astrange that by the early 2000s, if not a tad earlier[0], millennials were moving in-town (though not because their parents lived there! the opposite, if anything!), but I completely disagree on the "why" - their claim was that it was because it was cheaper because suburbs had zoning that caused them to get too expensive. My claim is that it was a lifestyle thing, not a "forced out" thing.
[0] I can't speak firsthand to earlier, but there were a lot of new or newly-redone apartment buildings by the early 2000s, suggesting that the trend had been going for several years already.