A neighborhood full of young millennial families who put 3.5% down on a 400k mortgage 2 years ago would not be the neighborhood to look..  

Right now, millennials and even retiring people are preferring mixed-use developments where they can walk to work, restaurants, shopping etc)...Pick the right focus that works for you.

Think about this way, in the most aggressive hiking situation and in the most risk-off most first time homebuyers(millennials) environment, there's still bidding wars out there.

Rising utility rates are felt by EVERYONE, so if your home is the one home on the block with solar both your Millennial and Gen Z buyers and renters will both be interested due to the energy savings plus the fact that most younger generations are also interested in going green, especially in the DMV area.

Millennials (known as renters for many years) became the largest segement of first time buyers and storm the market.

So demand from investors is certainly there.Bakersfield has one of the fastest growing millennial populations.

Home ownership is lowest in 50 years and millennials and baby boomers are entering the rental market.  

The underlying demographics support it, Millennials as a cohort group do not want to own.  

The older you get the more you'll want lower elevation, less hassle, sunny skies and less expensive housing and best of all trails aren't overrun with millennials!

If a millennial wants to be in the position of their heirs inheriting or selling meaningful financial assets that can contribute to their quality of life or sustenance, the best time to invest is sooner rather than later.