Saturday, October 19, 2013

Boomers leaving the cities

Beck Diefenbach for Reuters

From Joel Kotkin on New Geography:

...Our number-crunching shows that rather than flocking into cities, there were roughly a million fewer boomers in 2010 within a five-mile radius of the centers of the nation’s 51 largest metro areas compared to a decade earlier...more expensive, denser cities like New York, San Francisco, Los Angeles and San Jose, Calif., saw the worst boomer flight, suffering double-digit percentage losses. Ultimately, some downtown places might be a “wonderland,” as The New York Times puts it, for a small group of highly affluent residents. But for most they are outrageously expensive...Cities need to understand that, for the most part, their appeal remains primarily to young, largely single people, students and couples before they have children; cities’ real challenge, and opportunity, lies in trying to keep more of this youthful cohort in the city as they age and expand their households...


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3 Comments:

At 7:26 PM, Anonymous Anonymous said...

Our number-crunching shows that rather than flocking into cities, there were roughly a million fewer boomers in 2010 within a five-mile radius of the centers of the nation’s 51 largest metro areas compared to a decade earlier...

This is because (drumroll please) the boomers are 70+ years old. They are DYING.

 
At 4:26 PM, Anonymous Anonymous said...

http://www.theatlanticcities.com/housing/2013/10/san-francisco-exodus/7205/

Statistics show the YOUNG are leaving too.! It's not just boomers who are leaving. Younger people are selecting other areas for who wants to live in a neighborhood with a bunch of 35 year old "professionals" who after sitting on GOOGLE busses all week staring at their phones, slip on skinny jeans and peddle their bikes around town pretending to be San Franciscans?


 
At 11:16 AM, Anonymous Anonymous said...

The skinny jeans attack again! Just Is there no end to their reign of terror?

 

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