Fox25 Boston: Millennials are moving to suburbs like Arlington in search of 'hipsturbia'
The suburbs, or at least a certain type of suburb, is getting new interest for Bostonians looking for affordable housing but unwiling to give up unique opportunities for culture. Mark Melnik, director of the institute's Economic & Public Policy Research group, talks to Fox25 about the allure of "Hipsturbia".
Mark Melnik, director of economic and public policy research at the UMass Donahue Institute, said there's strong interest in downtown areas with character. "Maybe they don't want to be their parents, but there are these elements of how to have both things at the same time.”
The Urban Land Institute recently called “Hipsturbia,” a community near a city that has decent mass transit, its own cultural attractions and is diverse," one of the hottest real estate trends for 2020.
"It’s a little different version of the suburbs than what people were thinking of,” said Melnik.
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November 15, 2019