“Yet another study shows how Gen Y wants to live and work downtown,” proclaims treehugger.com’s headline on a story about the Urban Land Institute’s annual study, “Emerging Trends in Real Estate.”

The study shows that not only do those born between 1979 and 1995 drive less — and walk, bike and take public transit more — than older folks, but that they are more likely to rank living near work and school as a top priority.

Interestingly, the study predicts that many baby boomers will also sell homes in the suburbs and move to urban locales with many of the same attributes that Gen Y finds desirable. Source: treehugger.com

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top