HabitableZone

Off Topic » in reply to Features, not bugs

Millenials

I'm an architect working in housing...lately a lot of multifamily housing both institutional and private. Here's the interesting thing though, I have a client of the Boomer generation that has been extremely successful buying up properties cheap in the last nine years. But the man is forward thinking enough to realize that all of that housing which served the Boomers and the Gen X'ers well will not serve the millenials the same way. We are helping him to define something new in the housing market that speaks directly to millenials. I won't give away the solutions we are working on, but millenials don't want square footage, they want connectivity, social and electronic. Because square footage isn't a factor, costs can get low enough to where they can move out of their parent's basements and into a space of their own that reflects their social culture and values.

One other thing, this client has grandchildren of the millenial generation. I can tell he consults with them a lot and has even brought them into meetings. We are at the start of something new and I think its pretty damn cool.

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