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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Appearances
These are places we – and we've identified these.
Why?
Because they have a job depth, so lots of jobs there.
They have tech jobs.
They have government jobs.
And so Malaya won't move there unless there's a job.
But they're also affordable in terms of if you think about it just from a cost of living, what it costs to live in these cities is actually very affordable.
So that's why we believe these are cities that are going to greatly benefit from millennials.
By city, it's really, say, Boston, New York, Seattle, San Francisco, L.A., San Diego, Denver.
It's not coastal, but it's inland.
And right now what we discovered is that they are in the urban areas.
They're concentrated in the urban areas.
But like I said, we think that's going to be a shift and they'll move out to the suburban areas of those cities.
Okay.
Correct, yeah.
And so those are those millennial magnets that we just talked about, those places that are just a little bit more affordable.
Now, to be fair, you will get some older millennials that will move to, right, so I just named them.
So Charlotte, Raleigh, Orlando, Tampa, Pittsburgh, Salt Lake City, you'll get some older millennials that will move there just for, you know, it's just cheaper.
And then you'll have the younger millennials that we think will be there as well, again, because there's a big, strong job-based tech government, and we think that makes it very attractive.
Yeah, that's absolutely right.
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