Is It The End Of Suburbia?

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Young people are migrating towards living permanently within “24/7 cities,” according to an article from CNBC. The “reurbanization of America” could lead to suburbs becoming a thing of the past.

Bank of America Charlotte NC24/7 Cities

Young people are beginning to prefer living in 24/7 cities, which are places with apartment living that provides constant resources, entertainment and city life. With the growth of “cities that never sleep,” there are young couples and families who prefer the opportunities while living in the midst of the city.

There is now soaring demand for apartment living in downtown areas. According to real estate mogul Sam Zell, his apartment group is seeing a 96 percent occupancy in the urban market. Zell continues by saying the last place young people want to live is in the suburbs.

Why Stay in the Suburbs?

Zell implied that the main reason families continue to live in suburbs is largely due to quality schooling. When the movement towards suburbs began in the 50s and 60s, families wanted a place to live that would be safe and provide great education. While some of these trends may still apply, Zell says that if cities can create “triple A” school systems, no one would have any reason to continue living in suburbs.

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Terry McDonald

Terry McDonald

I am the owner and operator of and was inspired to create this website when I moved my young family of 6 down to Charlotte from the northeast, now over 20 years ago. Charlotte quickly became home to us and I wanted to create a website that would help individuals and families considering a move to Charlotte. I'm also the owner of The McDonald Group at eXp Realty (my day job) and have helped hundreds of folks relocate to Charlotte over the years.

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So everybody’s heard that Atlanta calls itself the “capitol” of the New South. Ok, I’ll give them that. But if Atlanta is the “capitol”, then Charlotte is the heart of the New South. Charlotte is the 20th largest city

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