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Millennials are likely to flee cities over the next year. 

Aug 14 2020

Millennials are likely to flee cities over the next year. As college students are revamping their childhood bedrooms, Millennials are contemplating a scenery change. According to a survey from personal finance software company Quicken, 93% of Millennials living in cities have stayed there since the start of the pandemic, but more than a third of them (37%) are considering moving away in the next year. They won’t be leaving all at once, but “in waves” over the next twelve months suggesting a “gradual exodus.” Similarly, our No Place Like Home trend report found that 33% of Millennials in cities were considering or planning to move to a suburban or rural area, and the desire of having a large backyard and outdoor space was among one of the top reasons for doing so. (PRNewswire)

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