Philadelphia is a great market since it has the urban environment that millennials are looking for without the high property prices of New York City or DC.  

The lack of flexibility was a real problem and is for many people who value a flexible lifestyle as many millennials increasing do. 2) They got burned by the crash and now view real estate as a bad investment.3) RE generally is a bad investment for many people who don't buy right in markets that are not zooming up and I know a number of ppl who think this way. 4) They are older and do not want to deal with a house. 

This time, to pay CPS pension debt.http://chicago.suntimes.com/chicago-politics/7/71/...You have to wonder what level of school dysfunction and property tax hikes will finally motivate Gen X and Millennials with kids start pulling up the stakes  Once the water cooler chit chat turns from "you can make CPS work for your kids" to "you absolutely need to move to the suburbs to properly educate your kids," the City will be on the path to instability, larger wealth disparity and higher taxes (to pay the debt bomb) on those taxpayers willing to stick around to the bitter end.

http://www.dailydot.com/opinion/millennial-parents-poverty-internet-scapegoat/?

Such markets are “hip, urban, walkable, and attractive to the millennials” while providing better future opportunities for rising net income and appreciation than the 24-hour city markets that led the post–financial crisis real estate recovery.""

Maybe C-class tenants can't afford their own homes, but B-class tenants can, and higher vacancy rates and lack of rent increases will trickle down into the C-class.The viewpoint about millennials not wanting to own homes is wrong - buying homes and starting families was just delayed due to a large recession at the beginning of their careers. 

It’s been said 80% of millennials can’t get a mortgage ...think about that , 80%

Is this the next mobile park movement for the millennials?

Phoenix already has a physician shortage due to the high demand, and millennial nurses are just now having kids and buying their first homes. 

If you have any creative conversational ways of persuading someone in a situation like this I'm all ears.Thanks in advance, Joe Watson (oh yeah i listen to the podcast all day, I alternate between real estate guys, bigger pockets and millennial real estate investors.)