The Growth Of The Cities
New data from the Census shows that cities are growing faster than suburbs for the first time in 100 years. The key question is “Will it last?”
Driving the resurgence are young adults, who are delaying careers, marriage and having children amid persistently high unemployment. Burdened with college debt or toiling in temporary, lower-wage positions, they are spurning homeownership in the suburbs for shorter-term, no-strings-attached apartment living, public transit and proximity to potential jobs in larger cities.
I’m hoping it lasts, because more people in cities means less pollution, and more innovation. But when these young adults eventually find jobs and have kids will they do what their parents and grandparents did and move out to the suburbs? A lot depends on the answer.