The New Consumer, in collaboration with Coefficient Capital, just published its latest Consumer Trends report, which you can download for free over here (registration required). There’s a lot in the report to flip through, but I thought I would share these two slides: Generation Z… Read More
All posts tagged “millennials”
Our intergenerational wealth gaps
This is a chart by economist Gray Kimbrough from 2019. I recently saw it resurface and so I thought I would reshare it here on the blog. The y-axis is the percentage of US household wealth (by demographic cohort). And the x-axis is median cohort… Read More
The pull toward “close-in” neighborhoods
City Observatory has a new report out called, Youth Movement: Accelerating America’s Urban Renaissance. In it, they look at and track the number of 25 to 34-year-olds with a 4-year college degree living in “close-in neighborhoods” within the 51 largest metro areas in the United… Read More
Who is going to buy the homes vacated by Baby Boomers?
The Wall Street Journal estimates that, from now until about 2037, roughly 21 million homes in the United States will be vacated by seniors. To put this number into perspective, it’s about 25% of the US for-sale housing stock and more than double the amount… Read More
Public perception of drone delivery
Back in 2016, the United States Postal Service published a report on the public perception of drone delivery in the US. This was nearly 3 years after Jeff Bezos announced on 60 Minutes that Amazon was working on a drone delivery service and that it… Read More
US cities with the highest millennial homeownership rates
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… Read More
Young people are driving a lot less
As a kid growing up in the suburbs, I got my driver’s license the day I turned 16. Being able to drive was a big deal. But we know that this desire to drive has been changing in profound ways. Here’s some recent stats on… Read More
From country club to urban basecamp
CityLab recently published an article talking about the difficult time that golf-centric country clubs are having in attracting young people (and minorities and women). Their reasoning is that Millennials are saddled with student debt and can’t afford the fees; Millennials find these sorts of clubs… Read More
Where the young and educated are moving to in the US
City Observatory tracks something that they call “The Young and Restless.” It refers to the segment of the US population that is between 25-34 years old and has a bachelor’s degree or higher. We know that people in this age bracket tend to be relatively mobile… Read More
How sexy is your city?
I recently penned an article for Building Magazine called How Sexy Is Your City? The subtitle is: The next generation of talent will require cities to take a next generation approach to city building. I know that we’re all hitting our limit in terms of people talking… Read More