I see Boomers downsizing into apartments and smaller homes, and I see Millennials who are leery of home ownership because of what they saw when they were coming of financial age (I am one of these, I was 23 in 2008 when I should have been thinking about buying a home).The home ownership rate has been between 62-66% for the last 50 years except for the run up in the aughts.

The X and Y and Millennials will not have a better life with more opportunities then their parents.

"Several important factors boosting rental demand include later marriage age, increased single-headed households, longer delay in having children, millennial and baby boom lifestyle shifts toward urban living.

But I want to know examples and explain why this is about to become more important.I do fall into the group of millennials, but we invest back to better things.

For instance, for the last two years the gap between development and demand in Denver and DC is rising (two of the cities with the most Millennial growth in recent years).

In the U.S, the Millennial generation contains 80M young people, most of whom have flocked to cities to live and work.

I don't have predictions (I'm writing a post about that now) but I do have a couple overarching themes that I use to guide my sector and market selection.The first is that most people underestimate the effects of the Great Recession on Millennials and Gen Z.

“What I discovered was if you picked an area in town that was desirable and was within transportation and biking distance to work—with a lot of activity in terms of ethnic restaurants and shopping areas—you start attracting a lot more millennials and college kids,” he says.

Srsly, here in hipper-than-thou Seattle (and esp Portland, om*g) the millennials really appreciate the vintage look, and if you're in that college sweet spot area, it can be a real selling point. 

The city keeps making national headlines as a great place to live, most affordable, largest number of millennials buying homes, etc.