Millennials trading in big-city expenses for small-town affordability

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Millennials trading in big-city expenses for small-town affordability
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Mark and Heather Gehan are among the millennials, younger Gen Xers and older Gen Zers moving out of big cities.

In the midst of the pandemic, Mark and Heather Gehan yearned to be near family. Living in the Seattle suburb of Renton, they were growing out of their 1,700-square-foot home with two young children, and realized that a move to a larger home would be prohibitively expensive. “We evaluated our work situations. We kind of made the decision to do it, packed up and did it in six weeks.” said Mark Gehan, 38.

The Gehans joined the millennial trend of moving to smaller cities. Millennials, younger Gen Xers and older Gen Zers are eschewing big city life and moving to small towns. Since 2014, an average of about 30,000 city dwellers per year between the ages of 24 and 40 have left, according to The Wall Street Journal.

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