They want to down size and most aren't looking to buy new homes.Many members of the next largest group, millennials, have tremendous amounts of student loan debt keeping them out altogether or making them push off the purchase of a home. 

Hey @Nick Barker   you should have a leg up running the numbers :)I regularly attend or are a part the top 4 of these, the other 2 are ones I do not attend but I believe are valuable.Let's grab coffee some timeTC meet up listhttps://www.meetup.com/Saint-Paul-Landlords-Meetup/https://www.meetup.com/Real-Estate-Investing-Rehab-Meetup/https://www.meetup.com/Future-Millionaire-Real-Estate-Investor-Club/https://www.meetup.com/BP-Bi-Monthly-Meetup/https://www.meetup.com/Rental-Property-Wealth/events/251370403/https://www.meetup.com/Millennial-Investors-Focus-Group/events/24588250Tim

When I was driving around it was rough, police were out though a lot but it was rough.And a speculation:1- With the soccer stadium going in near it, the neighborhood's location between the 2 metros, and the low price to enter for young millennial's, do you think this will change the neighborhood?

I think it'll always be one of the lower tier midtown studios, with its market being midtown millennials, who can't afford $1,500 per month not including utilities.By the way units in the same bldg. w/ same sq. footage sold for $99k in Jan. 

I am loving this millennial couple.But the parents were previously contractors- so they had an eye, and so did the kid growing up around it.I handle everything myself- so it costs me zero to list it on Zillow when still working and updating the pictures as I progress.

PS I also have a great deal of interest in ecommerce, social media marketing, and crypto currency (Clearly a millennial).

i dont know "when" if 2020 is right or not but i do personally think that these mega plex luxury buildings are going to feel some serious pain the problem is that theres still so much capital floating around trying to find yield that even if they take a big haircut on price or large vacancy ... there will still be appetite for the riskone thing that could put a big change in the market and probably not talked about as much is the Millennials will stop wanting to live in a box and will start wanting to move into a house.... suburbs that have been basically looked down upon will find itself going thru a renaissance we are already seeing suburbs starting to get things like trendy coffee shops, art centers, etc to make them more geared toward millennials ... this will continue and i think the "city living" in metros that are not nyc sf will see an influx to places i know what you are thinking "ok Alex sure... but what will be the catalyst will be for this change in behavior?"

I recently listened to a podcast on BP (I can’t remember the episode) where the interviewee mentioned that more people are moving to cities especially millennials.

Im a snowflake millennial POS!

Expendable income attracts all the cool food joints, breweries, yoga studios, etc. that millennials love.Love prices + cool stuff = millennials crack.And before you know it the area has been "gentrified 2.0" and blows up like crazy.