Dorm life to city living: Where are college grads moving to?
College graduates are now entering the workforce, but where in the US will they end up? With inflation across every region and housing market, where can these new workers afford to live?
JLL CEO of Americas Markets John Gates joins Asking For A Trend to give insight into where recent college graduates are landing geographically and what housing affordability looks like for them.
"So traditional places like New York City... would be the leader. Boston has a large number, a couple of the large West Coast gateways, and Chicago in the Midwest would lead that list," Gates says about the top five US cities for college grads.
He describes these major American cities as having a "density" of office jobs, while also noting secondary cities that are seeing an uptick in younger workers flocking to them.
"But also, if you look, there's a lot of universities that are very proximate that feed into those. Boston is an extreme example that has a massive number of college students that are within the metropolitan limits," Gates says.
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This post was written by Nicholas Jacobino