The millennials want to be downtown and are paying top dollar to do so.

@Kyle Grimm I started out in life insurance... literally almost starved to death selling $20/mo life policies to millennials.

We don't have nearly the supply of housing we did last time and the demand is going nuts because of the millennial demographic.- Everyone and their brother is watching for the next 'housing bubble to burst' so I suspect it will be something else this time. 

It's mainly among millennials and some in college who haven't had real jobs yet. 

Btw, I have added you to the list so you are covered.Not sure if @Darwin Crawford was typing this from the 1980's based on his thunderbolt like epiphany that energy conservation= $$$.I am always amazed at how these millennials repackage things : https://vimeo.com/131422396;)

This could be generational, Gen X and Millennial are more likely to use social media as a business tool.

I believe recent "event"  have postponed the problem, but with more and more uniformed millennials reaching adulthood every day the issue will not be corrected until a crash.When that crash happens everyone will be impacted whether they prepare or not, and there's simply nothing that can get the masses of Tide-Pod eating, condom-snorting millenials to reject their pop-culture educations aside from that very same economic collapse they are hell-bent to see.In other words, I recognize that it is inevitable and that there's not a damn thing I can do about it.Until then I plan on being smart with money, investing in real estate, and avoiding wasteful debt on items that aren't income-generating assets... expert for my truck and pets lol

I’m a younger millennial so if I want to retire at say 55 or 65, with inflation I probably need 2.5-3M in investable assets.

David Song , I recently saw that Sacramento is the #3 city millennials are moving supposedly .

but as a whole and a common trend with a local investor is natural to move in the surrounding, ( millennials can afford in the middle of the city or heart so they go out, ( buy less for better quality) and for the investor buys for way less and rehab not much) Win-win. ( and equity) ..