Millennials are leaving urban cities in Europe. Some are calling it a “reverse urban migration,” and Millennials are citing high living costs, housing shortages, and declining quality of life as key reasons for moving out. Once drawn to big cities for career growth and cultural opportunities, many Millennials in their thirties are now feeling priced out and burnt out. In places like London, Milan, and Rome, soaring rent and property prices—paired with safety concerns—have made city life feel less sustainable for young people. Reports show that many Millennials are putting off major life decisions, like having children or continuing their education, simply because city living is no longer affordable or appealing. And after experiencing a slower pace of living during the pandemic, many are now seeking more balance, turning to smaller towns and suburbs for a better quality of life. (NSS)
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