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Comment by ghaff | Hacker News Reader

Although that supposed trend seems to be exaggerated--at least in the US. According to this piece http://fivethirtyeight.com/features/why-millennials-are-less... for example, the actual trend seems to be that a fairly narrow slice of demographics (25-34 with college degrees) mildly prefer living in a few specific dense urban environments like Brooklyn.

Overall there is something of an urbanization trend (especially in emerging economies) but it's not as pronounced as it's often made out to be.

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A recent Marketplace podcast discussed this as well. Affordability was a large factor in why the suburbs are still popular.

  “There has been an increase in college-educated young adults living in very dense
  urban neighborhoods — smart young things living in Brooklyn, in downtown
  San Francisco,” said housing analyst Jed Kolko at U.C. Berkeley’s
  Terner Center for Housing Innovation. “But it’s not true of that generation
  overall. Only about one third of 25-to-34-year-olds have a college degree.
  Today they are actually less likely to be living in urban neighborhoods,
  as opposed to suburban areas, than that same age group was in 2000.”

1. http://www.marketplace.org/topics/economy/young-buyers-want-...

Everyone has their thing, and I definitely see the appeal to urban living when you're young and have time to yourself. Why anyone would want to live in a highrise or in a dense city when they have children, though, over having your own yard or quiet, safe neighborhood to play in, doesn't make sense to me.

Agreed. It's not that millennials are different in any way (preferring high rises vs the McMansions of the Boomer generation), but instead the millennials are putting off children until much later and just don't have many school aged kids yet.

In 5-10 years, they'll be heading out of the cities just like their parents and grandparents did.

That's definitely one interpretation of at least some of the increasing millennial urbanization (such as it is) that I've read. That it's more about delaying moving to the suburbs/buying a house for a variety of reasons including marrying and having children later and the economy (especially of a few years back where of the currently available data is from).

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