ABSTRACT

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.

part I|37 pages

Introduction

chapter 3|11 pages

Planning for “cool”

Millennials and the innovation economy of cities

part II|68 pages

Millennial economies

chapter 4|10 pages

Young adult household economic well-being

Comparing Millennials to earlier generations in the United States

chapter 5|14 pages

Underwater generation?

Debt and wealth among Millennials

chapter 6|15 pages

The Millennial urban space economy

Dissolving workplaces and the de-localization of economic value-creation

chapter 7|12 pages

The privilege of a parental safety net

Millennials and the intergenerational transfer of wealth and resources

chapter 8|14 pages

Planning for the sharing economy

part III|73 pages

Housing the next generation

chapter 9|16 pages

Generationing housing

The role of intergenerational wealth transfer in young adults’ housing outcomes

chapter 11|10 pages

Boomers and their boomerang kids

Comparing housing opportunities for Baby Boomers and Millennials in the United States

chapter 12|14 pages

Beyond “peak Millennial”

Developing an index of generational congestion for local government use in the United States and Canada

chapter 13|13 pages

Urban vacation rentals and the housing market

Boon or bane in the Millennial city

part IV|69 pages

Millennial mobilities

chapter 14|17 pages

Will Millennials remain in the city?

Residential mobility in post-industrial, post-modern, post-suburban America

chapter 17|21 pages

I drive to work, sometimes

Motility capital and mode flexibility among young adult gentrifiers

part V|44 pages

Millennial city futures

chapter 18|13 pages

Fun for all ages

Weaving greenspace, transportation, and housing together in the intergenerational city