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 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 Tara Vinodrai Part 2: Millennial Economies Chapter 4: Young Adult Household Economic Well-Being: Comparing Millennials to Earlier Generations in The United States Richard Fry 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 Richard Shearmur Chapter 7: The Privilege of A Parental Safety Net: Millennials and The intergenerational Transfer of Wealth and Resources Nancy Worth Chapter 8: Planning for The Sharing Economy Sean Geobey Part 3: Housing The Next Generation Chapter 9: Generationing Housing: The Role of intergenerational Wealth Transfer in Young Adults' Housing Outcomes Markus Moos 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 Ajay Agarwal 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? Alan Mallach 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.