From my narrow point of view of Ventura County millennials that aren't in tech or a liberal waitress, any young person with a good head on their shoulders will be packing up and leaving soon. 

An influx of millennial job-seekers drawn to the low cost of living compared to coastal markets, combined with growth in Internet and technology sector jobs, make Austin one of the most desirable metros for renters" And, a bonus for investors (but not good news for those striving to own a home), a limited number of Austin renters will graduate to homeownership.

It’s a young, vibrant city, where the unofficial motto is “keep Austin weird” and where the average age is 31 years old – a full 9 years younger than the state average. [2] Austin is home to headquarters for Facebook, Google, Dell, IBM, and other high-tech employers, which have given new life to the downtown, and have created an influx of Millennials and their families – all looking for a place to live.[3] With a strong university culture, no state of personal income tax, and world-class cultural institutions such as the LBJ Presidential Library and Museum, Austin is a great place for people to visit and to live.General Facts The population of Austin is about 842,592 (U.S.

I'll get around to it eventually, but it's a sweet deal for my millennial post-college tenants and low maintenance for me.

I'm a millennial, so stuff like environmental impact, waste, affordability, etc. matter to me.

Interestingly, this upturn in the market differs from the "bubble" we saw burst in 2008, in that it is underpinned by basic economics (low supply, high demand, and low interest rates), and it correlates with what we're seeing in consumer behavior (such as millennial buyers delaying first home purchases until well into their 30's).So...I think we're in for an interesting ride, and there may be some significant opportunities in new construction in the coming years.

David Song , I recently saw that Sacramento is the #3 city millennials are moving supposedly .

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.