Millennials are flocking to the Pacific Northwest, study finds
bloomberg.com
bloomberg.com
Article: 2017 data suggests the westward trend has faded in recent years, in favor of areas like New Haven-Milford, Connecticut; Madison, Wisconsin; and Syracuse, New York.
So it sounds like the title should have been "Millennials are flocking East, study finds"
On top of this, the area has a significant resistance to the kind of temperature highs that are hitting most of the country right now. I spent the weekend camping on Vancouver Island where the high was 71 when I was there.
https://en.m.wikipedia.org/wiki/Seattle_metropolitan_area
I think this trend has a few decades left to go, especially as trans-Pacific trade (hopefully) continues to increase.
PS. Spokane is terrible nobody should move here.
You might be able to make $80k as an engineer if you really push for it
You can buy a lordly mansion for $700k and the floor's the limit on normal houses
Honestly if they’d have just built some freakin (affordable) houses millennials would have been fine. Instead we have click-baity pitty-articles about how some retiree can’t sell their 5000sqft $1.5mil dream homes to debt-strapped 30-somethings.
Instead of finding new ways to cram people into smaller spaces, we should be trying to incentivize businesses to spread out and open new branches. This has the side effect of encouraging diversity and social mobility.
Converting sprawling residential areas into high-density urban areas without upgrading infrastructure and public transit like we have been doing leads to a lot of issues.
People are gradually getting stuck choosing between skyrocketing real estate prices and massive contention for shared resources in urban areas, or languishing opportunities and pay in rural areas.
Not to mention the consequences of climate change, and the additional risk of concentrating more people in fewer places. Or the impact on political power due to the way the Senate and Electoral College are structured.
So I disagree that this is just a “housing crisis” where building more housing is the obvious solution. That will lead to secondary costs and problems that could well be crises themselves. Plus I think we have enough housing, it’s just that there aren’t equal opportunities across the country where the housing surplus exists.