Where Will Generation Y Move?

As the economy changes, and Echo Boomers experience trouble with employment, some areas may see an increase in the Millennial population. An article shows this movement and the trends seem to indicate the South and West will be winners against the Northeast. In fact, notice that the Northeast has seen a large decrease in population, while the West has seen strong growth.

Look at the five top states where Echo Boomers are moving:

But notice that Texas had the largest increase in terms of amount of Echo Boomers (out of the top ten). I would argue that those areas will eventually see the strongest housing demand, and an early recovery in housing. On the flip side, expect housing and the economy in the Northeast will take longer to recover.

Regardless of what industry you intend to enter, these areas will offer the most potential in terms of demand from the Millennial generation.