Cities Gain in Appeal as Place to Live
Driven by young professionals and retiring Baby Boomers who like living in cities, the trend is “180 degrees” from the last decade’s rush to the exurbs, says William Frey, a demographer at Washington’s Brookings Institution, a research and policy group.
“People are hanging tough in urban areas,” he says. “Some of them are going to stay there for the long term.”
The trend also is driven by increasing numbers of young people delaying or foregoing marriage and childbirth, which often prompt moves to the suburbs.
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