An article in USA Today's Money section highlights how Millennials and empty nesters are now trending toward urban homes.
"There's an emphasis on walkability, an emphasis on health, an emphasis on commuting by bicycle … a shift away from blatant consumerism and the McMansion model."
Attitudes are shifting. The era of suburban sprawl, based around the cheap oil phenomenon has become unsustainable. Increasingly, young people find this living arrangement undesirable.
"I reject the premise that (the shift) is just because of the recession," Vilkin says. "It's no longer the American dream to own a plot of land with a house on it and two cars in the driveway."