Friday, July 22, 2011

Kotkin: Cities No Magnet

Demographer Joel Kotkin, who writes for Forbes, has taken a look at the notion that there is a movement back into the city centers. The data do not support this view, according to Kotkin.

Instead, guess what? The Millennials, as they age, are moving to suburbia and beyond, to exurbia. It is what they prefer. Why am I not surprised?