
688 - Millennial Migration and What It Means for Real Estate Investors by Richelle Ouellette
BiggerPockets Daily
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Introduction
With urban housing prices sky rocketing in many popular cities, millennials seem to be in search of simplicity at an affordable price point. The movement has been dubbed hypsterbia and places like evanston, illinois and santa clara, california are now on the map. Many choose to make a dent in their living expenses by sharing the cost with others, either a roommate or two, house hackers,. We see you, partner who hopefully contributes to the rent, and or short term arbian b style tenants. Even retirees, who are following the same trend out of cities and toward the bourbs, are leaning into co-living arrangements.
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