Furnished apartment search engine, Nestpick, has released a study revealing the top 110 cities for millennials, based on factors such as startup ecosystem, housing affordability, immigration tolerance and quality of nightlife. With years of experience helping individuals of all ages find accomodation, the company have witnessed first-hand that young professionals display clear migrational patterns. Nestpick conducted this study, for the second year in a row, in order to pinpoint which cities are successfully attracting this generation, and therefore a core future workforce.
Building on last year’s study, Nestpick researched a wider scope of criteria and sources for the 2018 ranking, including an analysis of top universities and personal freedoms. In addition, the main categories were weighted to reflect the concerns and mindsets of the generation. For example, while housing affordability is a major concern for most, it is even more so for young professionals at the start of their careers. With these interests in mind, 110 cities were analysed taking into consideration four main areas of concern; the business ecosystem, the essentials (housing, food etc.), openness, and recreation.
“Millennials grew up in a shrinking world, where the internet opened doors their parents never could have dreamed of, and budget airlines made those avenues real possibilities. It’s now possible to live and work anywhere in the world, and these opportunities are shaping how our planet will look to future generations.” says Ömer Kücükdere, Managing Director of Nestpick. “We must learn to adapt to the needs of younger people in order to have a thriving economy, and we believe that this ranking offers valuable insights to those cities looking for regeneration from a younger demographic.”
Full results, which can be seen here: https://www.nestpick.com/millennial-city-ranking-2018/