Condos/Apartments in the age of Millennials

[Thomas Giganti]

Happy Saturday to all!

As I was completing some chores around the house today, my mind wandered to real estate (as it often does). I thought I'd pose the question to the community to get some feedback. In the new age of millennials who seem to not be ready to buy houses, want convenience by living near town centers and nightlife, do you all see condos/apartments becoming a better investment opportunity? I've invested in town homes which has worked well so far but I see so many condos/apartments being built around the DC metro area that it has me wondering if this is the new trend or overpopulation at it's finest? 

Moreover, I've read through some of the post on this site and talked to others who tend to put owning condos/apartments in a negative light. Would love to hear people's thoughts on the subject and whether you think this is going to be more the norm because of this new age group?

Thanks!