Subscribe
Across the 50 largest metro areas in the US, about 31.9% of millennials -- those aged 18 to 34 -- owned a home as of 2017. And according to recent census data (via the Redfin), only 5 of these cities had a millennial homeownership rate higher than 35%. They are as follows:
The top spot goes to Salt Lake City, which sits at just over 40%. It also has the highest share of businesses owned by millennials at 8.4%. Not surprisingly, the cities on this list all have relatively affordable home prices, with Detroit being the most affordable.
I think you could interpret this list as a bit of a leading indicator for US cities on the rise. Affordability, and walkability, may be the draws today, but as millennials lay down roots, start businesses and earn more money, I am sure we'll see these cities transform even further.
Sunset by liu han-lin on 500px
Last year The Congress for the New Urbanism (CNU), which is based out of Chicago, published a report called, The 2014 Freeways Without Futures. It listed the top 10 freeways across North America that are in need of removal, replacement, and revitalization. You can download the full PDF report by clicking here.
Here’s an introductory snippet from the report:
The 2014 Freeways Without Futures Report lists the top opportunities in North America for replacing aging urban highways with boulevards or avenues that connect to the networks of streets. They are presented in no particular order of rank. As in previous reports, the criteria for the 2014 list is based on a number of factors: the age and design of structures, redevelopment potential, potential cost savings, ability to improve both overall mobility and local access, existence of pending infrastructure decisions, and community support.
And here’s the list of freeways without a future:
I-10/Claiborne Overpass, New Orleans
I-81, Syracuse, New York
Gardiner Expressway, Toronto
Route 5/Skyway, Buffalo
Inner Loop, Rochester New York
I-70, St. Louis
I-280, San Francisco
I-375, Detroit
Terminal Island Freeway, Long Beach
Aetna Viaduct, Hartford
Not surprisingly, the Gardiner Expressway is on the list. CNU is in agreement with the “remove” option currently being contemplated by Toronto City Council and will be doing their part to support the Gardiner East petition that Stephen and I created. Thank you for that :)
Across the 50 largest metro areas in the US, about 31.9% of millennials -- those aged 18 to 34 -- owned a home as of 2017. And according to recent census data (via the Redfin), only 5 of these cities had a millennial homeownership rate higher than 35%. They are as follows:
The top spot goes to Salt Lake City, which sits at just over 40%. It also has the highest share of businesses owned by millennials at 8.4%. Not surprisingly, the cities on this list all have relatively affordable home prices, with Detroit being the most affordable.
I think you could interpret this list as a bit of a leading indicator for US cities on the rise. Affordability, and walkability, may be the draws today, but as millennials lay down roots, start businesses and earn more money, I am sure we'll see these cities transform even further.
Sunset by liu han-lin on 500px
Last year The Congress for the New Urbanism (CNU), which is based out of Chicago, published a report called, The 2014 Freeways Without Futures. It listed the top 10 freeways across North America that are in need of removal, replacement, and revitalization. You can download the full PDF report by clicking here.
Here’s an introductory snippet from the report:
The 2014 Freeways Without Futures Report lists the top opportunities in North America for replacing aging urban highways with boulevards or avenues that connect to the networks of streets. They are presented in no particular order of rank. As in previous reports, the criteria for the 2014 list is based on a number of factors: the age and design of structures, redevelopment potential, potential cost savings, ability to improve both overall mobility and local access, existence of pending infrastructure decisions, and community support.
And here’s the list of freeways without a future:
I-10/Claiborne Overpass, New Orleans
I-81, Syracuse, New York
Gardiner Expressway, Toronto
Route 5/Skyway, Buffalo
Inner Loop, Rochester New York
I-70, St. Louis
I-280, San Francisco
I-375, Detroit
Terminal Island Freeway, Long Beach
Aetna Viaduct, Hartford
Not surprisingly, the Gardiner Expressway is on the list. CNU is in agreement with the “remove” option currently being contemplated by Toronto City Council and will be doing their part to support the Gardiner East petition that Stephen and I created. Thank you for that :)
Share Dialog
Share Dialog
Share Dialog
Share Dialog