Home Real Estate Affordable Housing for Millennials

Affordable Housing for Millennials

by The 100 Companies

ULI’s recent report shows, surprisingly, only 13 percent of Millennials live in downtowns; the majority live in less centrally located and more affordable neighborhoods. Twenty-one percent live with parents. With apartment rents rising aggressively, it’s logical Millennials are trying to save money.

My generation remains steadfast in wanting urban characteristics – walkability, transportation alternatives and accessibility – no matter where we choose to rent or buy. The report showed Millennials were optimistic about future home ownership, while some prefer the flexibility of renting.

Millennials – often cited as why many corporations move into the city – are an “intriguing combination of optimism and realism.”

– Sarah Funderburk, SPR Atlanta


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The Atlanta 100