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Young Americans have moved around less since the start of the recession. But when they do, they're choosing different cities to move to than before, according to a recent analysis.
Indeed, though migration among young adults -- designated as those between 25 and 34 years old -- has declined as a whole in recent years, many young Americans every year continue to take the plunge into a new city. More often, however, they're moving to what Brookings Institution senior fellow William Frey in a recent blog post labels "cool cities," rather than cities like Riverside, California that benefitted from the housing boom.
Frey finds that In the years directly preceding the Great Recession, 2005 to 2007, young people were more inclined toward cities like Phoenix, Arizona and the aforementioned Riverside. Between 2008 to 2010, though, they chose cities "which are known to have a certain vibe -- college towns, high-tech centers, and so-called 'cool cities,'" Frey writes.................................
Phoenix and Las Vegas were rapidly growing from 1990ish-2007, but a lot of jobs were in blue collar work, light manufacturing, or some financial support services (excluding Las Vegas casino industry---which is dependent on all else). Those all took hard hits in the recession and now high tech is big, hence why Denver, Seattle, DC, Dallas are all on the list.
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