Millennials have captured our imaginaries in recent years. The conventional wisdom is that this generation of young adults lives in downtown neighbourhoods near cafes, public transit and other amenities. Yet, this depiction is rarely unpacked nor problematized. Despite some commonalities, the Millennial generation is highly diverse and many face housing affordability and labour market constraints. Regardless, as the largest generation following the post-World War II baby boom, Millennials will surely leave their mark on cities.
This book assesses the impact of Millennials on cities. It asks how the Millennial generation differs from previous generations in terms of their labour market experiences, housing outcomes, transportation decisions, the opportunities available to them, and the constraints they face. It also explores the urban planning and public policy implications that arise from these generational shifts.
This book offers a generational lens that faculty, students and other readers with interest in the fields of urban studies, planning, geography, economic development, demography, or sociology will find useful in interpreting contemporary U.S. and Canadian cities. It also provides guidance to planners and policymakers on how to think about Millennials in their work and make decisions that will allow all generations to thrive.
Table of Contents
Part 1: Introduction
Chapter 1: The Millennial City, Shaped by Contradictions
Markus Moos, Deirdre Pfeiffer and Tara Vinodrai
Chapter 2: The Impact of Generational Change On Cities
Pierre Filion and Jill L. Grant
Chapter 3: Planning for Cool: Millennials and The Innovation Economy of Cities
Part 2: Millennial Economies
Chapter 4: Young Adult Household Economic Well-Being: Comparing Millennials to Earlier Generations in The United States
Chapter 5: Underwater Generation? Debt and Wealth Among Millennials
Alan Walks, Dylan Simone and Emily Hawes
Chapter 6: The Millennial Urban Space-Economy: Dissolving Workplaces and The De-Localization of Economic Value-Creation
Chapter 7: The Privilege of A Parental Safety Net: Millennials and The intergenerational Transfer of Wealth and Resources
Chapter 8: Planning for The Sharing Economy
Part 3: Housing The Next Generation
Chapter 9: Generationing Housing: The Role of intergenerational Wealth Transfer in Young Adults’ Housing Outcomes
Chapter 10: Is The Real Estate Industry Cementing Millennials’ Residence in Urban Cores and Central Cities? Insights from Phoenix and Houston
Deirdre Pfeiffer and Genevieve Pearthree
Chapter 11: Boomers and Their Boomerang Kids: Comparing Housing Opportunities for Baby Boomers and Millennials in The United States
Sarah L. Mawhorter
Chapter 12: Beyond "Peak Millennial": Developing an index of Generational Congestion for Local Government Use in The United States and Canada
Jeff Henry and Markus Moos
Chapter 13: Urban Vacation Rentals and The Housing Market: Boon or Bane in The Millennial City
Junfeng Jiao and Jake Wegmann
Part 4: Millennial Mobilities
Chapter 14: Will Millennials Remain in The City? Residential Mobility in Post-industrial, Post-Modern, Post-Suburban America
Markus Moos and Nick Revington
Chapter 15: Meet The Four Types of U.S. Millennial Travelers
Kelcie M. Ralph
Chapter 16: Emerging Mobility Patterns of the Millennials in Canada
Chapter 17: I Drive to Work, Sometimes: Motility Capital and Mode Flexibility Among Young Adult Gentrifiers
Markus Moos, Khairunnabila Prayitno and Nicholas Revington
Part 5: Millennial City Futures
Chapter 18: Fun for All Ages: Weaving Greenspace, Transportation, and Housing Together in The intergenerational City
Kyle Shelton and William Fulton
Chapter 19: What Does the March of The Millennials Mean for The Future American City?
Chapter 20: (Millennial) Cities of Tomorrow
Tara Vinodrai, Markus Moos and Deirdre Pfeiffer
Markus Moos, PhD MCIP RPP, is Associate Professor in the School of Planning at the University of Waterloo in Canada. His research is on the economies, housing markets and social structures of cities, including youthification and the generational dimensions of urban change.
Deirdre Pfeiffer, PhD AICP, is Assistant Professor in the School of Geographical Sciences & Urban Planning at Arizona State University in the U.S.A. Her research focuses on housing strategies in the U.S. relevant to an aging and diversifying society, the outcomes of the foreclosure crisis, and the relationship between suburban growth and racial equity.
Tara Vinodrai, PhD, is Associate Professor in the Department of Geography & Environmental Management and the School of Environment, Enterprise, and Development at the University of Waterloo in Canada. At the core of her research program is a concern with understanding and theorizing the dynamics of contemporary economic change and the emerging and evolving geographies of the knowledge-based economy.