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Stay Away From These Towns If You Don’t Want to Have Millennials As Neighbors
Pennygem
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9/30/2024
PennyGem’s Elizabeth Keatinge tells us where millennials are buying up homes.
Category
📚
Learning
Transcript
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00:00
Location is everything when it comes to where you live, right?
00:07
Well, if you're trying to avoid some millennials knocking on the door asking to borrow an avocado,
00:12
you may want to strike these places off your list of potential neighborhoods.
00:16
According to analysis of National Association of Realtors data, real estate website Sunday
00:20
found that many millennials are moving to Salt Lake City.
00:24
It's environmentally friendly and offers plenty of outdoor activities.
00:28
Denver came in fourth with its proximity to skiing and snowboarding and strong public
00:32
transportation system.
00:34
San Jose, California is also a millennial destination, conveniently located near Google
00:39
and Apple.
00:40
Buffalo, New York's low median home prices have millennials heading to this city, just
00:44
a six and a half hour drive to New York City.
00:47
If they can stand the cold winters, Minneapolis may be where millennials migrate.
00:51
It's first on Sunday's list with a low unemployment rate at 3% and the rise of biomedical, professional
00:57
and technology sectors.
00:59
Oh, but hey, even if you avoid these cities, you could still end up next door to a millennial.
01:04
According to a Magnify Money study in Miami, Los Angeles and New York, more than one in
01:08
four residents ages 25 to 40 live with their parents.
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