Bloomberg 'Young People' Housing Affordability Index

[Trevor Ewen]

Like everyone who spends time on the internet, I am very much tiring of the completely overused 'Millenial' term. Thus, I have translated it to 'Young People' the title of this post.

Today's great housing affordability index from Bloomberg.

I would direct your attention at the chart. My assumption is that any market with a 'Surplus' will not only have good deals in the present, but will become more desirable in the future. Young adults will need to catapult out of the high-priced cities. If not now, certainly when they have children. 

'Where to next?' Is an almost daily discussion in my New York City home. Interested in your thoughts on the list. Philadelphia,Tampa, Houston, and Salt Lake are good surprises from my perspective.