“…news media accounts have promoted the idea that boomers are returning to cities at a rapid rate,” writes Indeed.com economist Jed Kolko in The New York Times.
“It seems to make sense. Many downtowns are safer and livelier than they were 30 years ago. At a certain point, downsizing and moving back to the city has appeal — it’s closer to work and all those interesting things to do, and the children might have finally left the nest.”
“There’s one problem. The story line is wrong: Boomers today are actually less urban than previous generations of older people.”
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