Melissa Reagen
speaker
49 appearances
1 recordings
1 series
first heard Apr 2018
last heard Apr 2018
Melissa Reagen’s voice in public audio — every appearance, attributed to the second.
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Correct.
Yes, it's about 80 million people.
And the millennials, as we categorize them, were born between 1981 and 1998.
And we group them into what we call the older millennials and the younger millennials.
And the older millennials are ages 30 to 36 today.
And the younger millennials are ages 19 to 29 today.
Yeah, we think so.
So the older millennials, millennials overall are about 80 million people.
Of that, older millennials are about 30 million.
And so what we think is going to happen is that we've tracked kind of where are millennials living right now, where are they concentrated.
And you'll see it a lot in the coast, so very expensive places, New York, California.
L.A., San Francisco, Seattle, Boston.
And they're living in urban areas right now.
But if you think about that, they're likely to move to the suburban areas of these regions.
And we say that because we think they'll actually stay in these metros because they actually have pretty good paying jobs, high paying jobs.
But living in an urban area once you start to get married and have children becomes just a little bit expensive.
And so we think they'll move out to the suburbs.
And then that is where that will create a lot of investment opportunities.
Yes, that's correct.
So some millennial magnet cities that we've discovered include places like Charleston, Raleigh, Pittsburgh, Orlando, Tampa, Salt Lake City.
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