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Millennials to Small Cities: Ready or Not, Here We Come

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Re: Millennials to Small Cities: Ready or Not, Here We Come

#2
> “The 18- to 35-year-olds expect something like that, but they just didn’t have it,” said Tyler Hodge, 32, who used crowdfunding to help finance the shop. The same tactic was used for a rock climbing gym opened in September by a group of young engineers who, like Hodge, spend their weekdays working at Cummins Inc., the diesel engine company that is the city’s largest employer.

Crowdfunding for brick-and-mortar? Now that's interesting, any links?

Re: Millennials to Small Cities: Ready or Not, Here We Come

#3

> “The 18- to 35-year-olds expect something like that, but they just didn’t have it,” said Tyler Hodge, 32, who used crowdfunding to help finance the shop. The same tactic was used for a rock climbing gym opened in September by a group of young engineers who, like Hodge, spend their weekdays working at Cummins Inc., the diesel engine company that is the city’s largest employer. Crowdfunding for brick-and-mortar? Now…

https://www.fundable.com/lucabe-coffee-co

~37k raised from this campaign

Re: Millennials to Small Cities: Ready or Not, Here We Come

#4

> “The 18- to 35-year-olds expect something like that, but they just didn’t have it,” said Tyler Hodge, 32, who used crowdfunding to help finance the shop. The same tactic was used for a rock climbing gym opened in September by a group of young engineers who, like Hodge, spend their weekdays working at Cummins Inc., the diesel engine company that is the city’s largest employer. Crowdfunding for brick-and-mortar? Now…

Here's a brick-and-mortar that successfully crowdfunded twice:

http://borderlands-books.blogspot.com/2017/10/haight-street-...

Re: Millennials to Small Cities: Ready or Not, Here We Come

#5
My town is on the list and still incredibly affordable. I guess it's time to buy up some properties so I can gouge these youngsters later. Not a bad retirement plan, actually. It will be nice to be on the other end of the transaction for the first time in my life.

Re: Millennials to Small Cities: Ready or Not, Here We Come

#7
A little surprised to see my hometown, Bloomington, IL on the list. There's two universities in town, so I know they bring in a lot of young people, but unless you want to open a restaurant or work at State Farm your whole life, there doesn't seem to be a whole ton of opportunities there, especially now that the Mitsubishi plant closed down.

It is still a very affordable place to live, that part is certainly true.

Re: Millennials to Small Cities: Ready or Not, Here We Come

#8

A little surprised to see my hometown, Bloomington, IL on the list. There's two universities in town, so I know they bring in a lot of young people, but unless you want to open a restaurant or work at State Farm your whole life, there doesn't seem to be a whole ton of opportunities there, especially now that the Mitsubishi plant closed down. It is still a very affordable place to live, that part is certainly true.

Isn't the point that the "here we come" millenials are bringing their own startups with them, or working remotely? So you can live in a boring, inexpensive college town somewhere, but still have exciting, well-paid work.

Re: Millennials to Small Cities: Ready or Not, Here We Come

#9
post #5

My town is on the list and still incredibly affordable. I guess it's time to buy up some properties so I can gouge these youngsters later. Not a bad retirement plan, actually. It will be nice to be on the other end of the transaction for the first time in my life.

Don't feel too guilty. Most of these small towns are in areas where people can move outside of town a bit if they don't care to be gouged. With minimal impact on commute times.

Though amenities like affordable high speed internet drop off pretty precipitously if you get too far out.

Re: Millennials to Small Cities: Ready or Not, Here We Come

#10

A little surprised to see my hometown, Bloomington, IL on the list. There's two universities in town, so I know they bring in a lot of young people, but unless you want to open a restaurant or work at State Farm your whole life, there doesn't seem to be a whole ton of opportunities there, especially now that the Mitsubishi plant closed down. It is still a very affordable place to live, that part is certainly true.

Isn't the point that the "here we come" millenials are bringing their own startups with them, or working remotely? So you can live in a boring, inexpensive college town somewhere, but still have exciting, well-paid work.

Well sure. I do have a friend who's trying to get a 3D print studio startup going that lives in the area, even. But there's not a huge market there for new businesses outside of restaurants (seriously, it's a test market for new restaurants and it has one of the highest amount of restaurants per capita in the US), as far as I can tell at least.

If you work completely remotely that's fine, but at least the article was saying more that millennial were moving to these places because the existing demand for workers was there, especially knowledge workers, and that's just not really true here unless you want to work at the headquarters for a giant insurance company.

The scope of the article is generally true, I was just surprised to see my hometown included, is all. If you're just looking for cheap places to live and work completely remotely, there are tons of other towns nearby that are much cheaper. Hell, just go 20 miles outside of Bloomington and you can get a house at about half the price that you would in Bloomington, in much smaller towns. I have old high school buddies that do exactly that.

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