The largest urban cities — the likes of San Francisco, Los Angeles and Washington, D.C. — have always been top millennial hot spots, as repeatedly shown in U.S. census and Nielsen demographics data. These sprawling metropolitan areas consistently draw huge swaths of this generation with promises of lucrative tech, business and finance jobs. The proposition is always the same: better-than-average pay, metropolitan convenience and attractive creative environments within dense urban villages.
But have the seeds been sown for a big change? If national lending and housing data are any indication, the answer is most certainly yes.
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Story excerpt provided by Crain’s Cleveland Business.
Written by Jeremy Sopko.
Originally published March 31, 2019.