Skip to navigation Skip to main content Skip to footer
flexiblefullpage

Residential Products Online content is now on probuilder.com! Same great products coverage, now all in one place!

billboard
Image Credit
Photo: Pixabay

In the U.S., the suburbs house more than six times the number of people living in urban cores. A new book pushes back on the concept of urban revival, positing that the majority of economic and demographic growth happens in the suburbs.

Since 2010, the number of seniors in core cities has gone up by 621,000, compared to 2.6 million in the suburbs, per The Daily Beast. Based on survey data from The Wall Street Journal, approximately two-thirds of millennials want to live in the suburbs, backed up by data from the Urban Land Institute, and the National Association of Homebuilders, finding that 75 percent of millennials favor suburban life.

In the last decade, about 90 percent of U.S. population growth has been in suburbs and exurbs, with CBDs accounting for .8 percent of growth and the entire urban corps for roughly 10 percent. In this span, population growth of some of the most alluring core cities—New York, Chicago, Philadelphia—has declined considerably.

Read more

PB Topical Ref
leaderboard2
catfish1
interstitial1