(September 22, 2015
According to recent surveys, 38% of millennials (those 18-34 years old) said they would forgo a wedding in favour of buying a home. And when they buy that home, walkability is more important than to other generations. 83% of millennials liked to walk and only 71% like to drive. The 12 percentage point difference wider than other demographic groups, for example, there is only a 2% spread for baby boomers between walking and driving. Another note, millennials are likely to take transit with 40% of millennials taking transit vs. 19% of baby boomers. Full details can be found here.