Like any other Millennial (I'm 23), most of us are broke, however I want to start now rather than later.

But the point of this thread is if the SF Bay Area is at the top and if it is affordable.Part of my day job is to digest research on the trends and patterns of consumers and then design and develop products that fit within their lives.I would not profess to be an expert on every market, but the research teams we pay millions to say, within the millennial generation the strong trend is to skip the starter home and just buy what they want.

Mind you, these are purchases for buildings that often times are 50-75 years old, 100% rent regulated, filled with working class tenants (just saying these are not millennial investment bankers who can afford 6% annual rent increases) and located in the most tenant friendly city in the U.S.

I was a member of IndyDT and i pitched to the group to get Google Fiber in the city to spur more development and make the city more attractive to millennials.

A very retro home with digital features that cater to the millennial generation is what will sell fast here on the east side of Austin where most of the gentrification is taking place. 

Turns out there are slightly more millennials than boomers and the boomers are hanging onto their houses. 

Millennial buyers are still a bit non-existent due to affordability gap and the tendency to rent, but when they have the money and start buying (5-10years) I think Oak Cliff will be one of the spots.

The up and coming Millennial generation prefers to text anyways.

My theory is that new land developments have slow to return to the marketplace in response to the demand preferences of millennials and boomers both choosing to rent versus purchase. 

Although the land would be much pricier, I think this idea would resonate well with the millennial generation who are already overpaying in the crowded city.