Account ClosedAdd in the fact that the modern day generation of millennials have shifted from the stereotypical perspective of buying a home with a 30 yr mortgage and living there permanently.

For example, a investors with excess means and simply looking for a hobby interest may seek target properties much differently than a upstart, young executive millennial seeking their first passive income investment properties. 

(Not even close) We haven't raised rents on our extremely good, millennial tenants, but if it was on the open market I think it would get ~$1k. 

Every report I'm reading says that rents for San Francisco and the Bay Area are starting to fall:http://sf.curbed.com/2016/10/4/13164686/san-francisco-new-york-rent-dropping-pricehttp://www.bizjournals.com/sanfrancisco/news/2016/12/21/san-francisco-rent-decline.htmlAnd that's probably because a huge surge of millennials are entering their "settle down" years are can't afford to buy a home out there, so they're moving to Sacramento in masses.

On the other hand, the rental market in Boston is fairly secure in contrast to some other markets given its proximity to universities (student housing) and being a hub for young professionals (millennial renters).This isn't to say you won't make any money in Boston, but rather you won't have much positive cash-flow until mortgages etc.. are paid off.

Now that tends to strike many people as odd, but remember that most millennials don't know the first thing about even writing a check.

Not sure on Ali's comments and data but rents are up, millennials are moving in and economy is more diverse than ever.  

If you are in a "hip" city that has a shortage of affordable housing (like Austin), I think it's a good idea if you can make them cool, sustainable, and green whilest being sturdy enough to transport out to wherever these mobile millennials are going to live.

I am interested in this topic in relation to the millennial generation.

Considering how many millennials Denver has, how do you think they affect the housing market during the election?