The onset of the millennials within the housing market has created a shift.  

Millennials are waiting 5 - 7 years to buy their first home.I do think that everybody is looking for ways to live with less.

Also, millennials are migrating to Cleveland due to its  growing job market, lower cost of living and decent salaries.  

Some areas are in a fix and flip market that gets you in and out in 4-6months with a large spread but there are definitely some highly rentable pockets in the city that newly working millennials are flocking to. 

I think in general the 'minimalist millennial' is a bit overblown. 

I wouldn't be here without them and they wouldn't learn any of my millennial tricks if it wasn't for me :) They are 10+ years older than me. 

& Top "Hipster" Destination in the US88 Jobs Paying Higher Wages than New York CityHome to 2nd (soon 1st) Largest University in the US ($7B in Capital Projects & 60,000+ students)Hotbed of Startups and Venture Capital- "Exodus from Silicon Valley"1st "SMART" City in the US ($50m DOT Grant)Intentionally Underbuilding to Hedge Risk...30,000+ units short of demand11-County Region with Huge Room for Growth & Expansion (3million+) over the next 20-yearsAnd if that wasn’t enough,50% of the Columbus Population RentsAll-time Record Low Homeownership for the Millennial Generation (largest population in America- bigger than Baby Boomer population)The Average Market Rent in Columbus has Climbed to $2,000/mo.

The El will keep bringing in millennials and investors will keep pushing north until we hit the end of line.

I believe that will continue to escalate with lack of affordability especially for millennials.

Millennials not being able to help the equation enough IDK.