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You are far too certain. 70 years ago a prognosticator wouldn't be considered insane to say "the ship sailed on cities 50 years ago, Americans live in downtown and that's not changing". These things do change, often quite quickly. Personally, I think the Boomers are in for a big shock when they try to sell their homes for a "fair" price, and discover that Millennials neither want nor can afford large suburban homes.…
> Millennials neither want nor can afford large suburban homes I see this often. Very few people want large homes when they are either single or don't have kids. As soon as you do have kids and they start to grow to an age where they want to play outside, having space to run, play sports, be away from traffic, have their own room, etc gets a lot higher on your priority list. You can also get a suburban home without i…
The suburbs also have less attraction for me as a parent. In the old days you could let your kids roam a suburb freely - now you can't. So why not live in a city? You have the same restrictions, but also a lot more distractions such as free museums.