Joel Kotkin: 'The Screwed Millennial Generation Gets Smart'

We've heard before about how millennials want to live in dense urban areas and live freely without being tied down to family life. But in Joel Kotkin's latest piece, "The Screwed Millennial Generation Gets Smart," he maintains that that millennials aren't that different from their parents.

He says they want an affordable home of their own so they can raise a family. It makes sense, right? Here's an excerpt from Kotkin's piece:

Despite the hype from the press and urban planners, millennials are following in the footsteps of previous generations by locating on the periphery major metropolitan areas and Sun Belt cities, most of which are simply agglomerations of suburbs.

This pattern seems certain to accelerate as millennials enter their thirties, the age when contemporary populations tend to marry, settle down, and have children. To be sure, notes Pew, more 18- to 34-year-olds now live with their parents than with spouses or significant others for the first time since the question was first asked in the 1880s. But when they do leave the nest, albeit later than in previous generations, they are becoming adults whose collective decisions are not so different from those of their parents.

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