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Non-Tech : Investing in Real Estate - Creative Opportunities

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KyrosL
To: John Vosilla who wrote (1716)6/14/2013 2:02:35 PM
From: tejek1 Recommendation  Read Replies (1) of 2722
 
Sixty-three percent of the Gen Y respondents said they plan to move in the next five years, along with 63 percent of African Americans, 54 percent of Latinos, and 56 percent of those currently living in a large city. The preferences of Gen Y are similar to those of people of color across all the generations. These different demographic cohorts are all growing in number, and together are creating a significant market shift toward compact, mixed-use development that is close to transit.

Its really interesting. Gen Ys are the ones fueling the apt construction boom in Seattle and other cities. Their perspective on cities is completely different from their parents. They have a more European POV.
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