It’s always fun to blame someone for something, right? Just ask my kids, they’ll tell ya’.
I saw an interesting article recently titled, “Boomers to blame for rising urban home prices.” While the article makes some interesting points, I think there is a LOT more than boomers contributing to the rising costs associated with urban living.
Around here, we’ve seen a rising trend toward a more urban lifestyle for quite some time. Yes, we have seen some awesome success with a few age restricted projects along the line, and we know that more are planned to open in the near future. BUT, there has also been a very large shift toward urban living from young professionals, college students, families and people from many different walks of life.
“Boomers are also looking for walkability, proximity to public transit and diversity. They also want to be closer to their children, who generally head to cities right after college. This is a big change from their parents, who often headed to warmer areas to retire.” – nbcnews.com
So, who’s to blame?
How about blaming convenience, cost savings, green living, gas prices, smart business people and a certain cool-factor that is hard to deny. Yes, cool factor. Young, old and anything in between seems to be shifting to an urban lifestyle choice when searching for a place to call home. It’s more than boomers and it’s certainly not just hipsters. To be honest, I’m really not sure WHO to blame. Maybe I’ll just blame YOU…