Thursday, May 9, 2013

From National Real Estate Investor: Echo Boomers seek different lifestyles than their parents, affecting Commercial Real Estate

Echo Boomers, unlike their parents, are flocking to urban locations such as San Francisco, to be close to their work, night life, high end cuisine, the arts, and greater diversity than their parents who chose to move to the suburbs.

This will add demand to the residential real estate markets and also force companies to establish or maintain their commercial real estate presence in urban locales, further reducing commercial availabilities.

Please see here.

No comments:

Post a Comment