Millennials are looking for smaller cities to live in due to the increasing housing prices and job market competition. New Orleans is one city the millennial generation is fall in in love with and for many good reasons.
Many have moved to the city for work and pleasure over the past 300 years.
The millennial generation is defined by those born between 1982 and 2004. Basically, it's home buyers age 35 and under, which is the next big generation of buyers to take over the real estate market.
Millennials are no different. While homeownership for this generation is much lower than past generations, the numbers in New Orleans don't show the same thing as the national numbers. Here are a few of the reasons millennials love New Orleans.