Philly Community Aimed at Millennials Lands Financing

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Philly Community Aimed at Millennials Lands Financing Located in a walkable neighborhood and close to art galleries and event venues, the project is slated to include a 5,500-square-foot commercial.

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If you own a rental property in Philly, you might know that over a quarter of your state’s population is comprised of millennials.. And if you didn’t, now you do. That means marketing your vacant rental properties specifically to millennials should be a priority.

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When the EDC issued a request for ambitious development proposals for publicly owned land on the North Shore. Since the cost, now $250 million, could be completely covered by private financing, the.

Millennials, priced out of homes locally, shop for investment properties online If you can’t afford a house down the block, go online and buy across the nation.

The Philadelphia-Camden-Wilmington metropolitan area saw only 0.4 percent growth from 2016 to 2017, but it outpaced growth in the suburbs over the same period, per data from the Brookings Institution.

PHILADELPHIA — Larry Eichel and anyone walking Center City, West Philadelphia and other neighborhoods the past decade could see the change: Streets bustling with young people. In 2013, Eichel saw the trend of a rising young population clearly in the data. Eichel, who is the director of The Pew.

Has Philly reached peak millennial? It’s going to be hard to find out. the year of the most recent Census American Community Surveys data, Philadelphia had 415,000 people born between 1981.

On a broader level, a recent report from the Urban Land Institute (ULI), "Housing in the Evolving American Suburb," casts some significant doubt on this favored media narrative about migration patterns. The report indicates that the suburbs are doing just fine – with millennials and everyone else.

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