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Updated almost 14 years ago,
Investing for Generation Y
We know baby boomers are retiring, they want beach front and golf course locations with little maintenance and ranch style one story living. That is the sterotype at least.
The new wave of "boomers" born between 1977 and 1994 are the future of America, generation Y. They are a much more diverse group. Being born in the middle of generation Y myself, I am interested in investing for the future of my generation.
You can research online what the new demographic will look like over the next 50 years. I want this thread to be a discussion of the type of housing, and specifically LOCATIONS that these individuals will want to live in. The trend is undoubtedly South and West and continues the trend identified by watching the progression of the "mean center of the population", which is somewhere in east Missouri at this point. This trend will likely continue, but where specifically are good areas with good jobs that are well poised for future growth. I would be interested to hear some smaller city ideas and not the typically Austin TX recommendation. Someone mentioned Springfield Missouri in a post i recently read, for example.
Thoughts?