As a "millennial," I hear a lot about our generation and lack of desire to purchase.I think it comes down to several factors (there is no one-size fits all here):1.

In town, it's small-town, 1 grocery store, car wash, a new post office, nice school and some old time buildings.. but now the millennials are buying homes there, and making the drive to the airport, Learjet and even Koch Industries, just for that oasis of home at night.There are other places.. within the city, that should never be left out.. but hopefully this gives you a long-winded overview of our area. 

In addition, millenials are coming into their own in a big way, and while most plan on owning eventually, they make up a big part of the tenant base, with more leaving home and coming online as renters soon (http://urbanland.uli.org/economy-markets-trends/evolving-housing-preferences-millennials/).

Another research report revealed that 62 percent of Millennials prefer to live in mixed-use communities found in urban centers.

I do know there are more millennials camping out at home and they are a bigger group of people than the baby boomer generation.

Now these areas have become trendy and desirable places for young millennial professionals to live and hang out.  

, millennials or baby boomersIn an economic downturn, what types of renters are least likely to default on their rent payments?

Hey guys, I'm a millennial who has been keeping an eye on Boston market for 2 years.

They have been super hot right for some of the investors that I have come across.The smart investors are covering (or even making more profit on top of) their holding period monthly/annual expenses (mortgage, property taxes, maintenance, etc.) by renting out the property as a short-term rental (more information here in this utlimate guide to short-term rentals that I recently helped collaborate on with some other professionals in the industry) while biding their time for the market to rise as Millennials and Empty-Nest Boomers continue to spike prices as they flock into theses cities in droves.

We want to leverage networks and service the retiring boomers and emerging millennials demographic (smartphone-driven) Uber/AirBnB savvy tenants.