Why Are Millennials Moving Away From Big Cities?
There seems to be a certain pattern most people follow as they grow up. Once you finish high school, you go to university, but once you graduate and walk across that stage, there is not a set plan after that. Millennials realize that they can now do pretty much whatever they want and that they are no longer scheduled to be in a class or in a library reading books. They are now apart of the free world where they can do as they please. Here are 3 reasons why millennials are moving away from big cities.
It’s very difficult to find a job when you come fresh out of college, mostly because you don’t have any work experience and also because there aren’t many jobs available. Smaller cities tend to have more job opportunities for those fresh out of school simply because not many people want to live in a small town. Moving to a small town is a great opportunity for work and to experience life in a different world, especially if you’ve been a big city person your whole life.
2. Housing Prices
Everyone knows house prices in big Canadian cities have continued to rise in the last 5 years and don’t seem to be slowing down anytime soon. It’s pretty tough to buy a home when you come out of school with no income and when you probably have student debt to take care of. This is another reason millennials are moving away to smaller cities, they might be able to actually afford a home in a small city one day, as opposed to large cities where you’ll need about $450,000 to buy a home.
Once you’re finally done school, you will quickly realize that you’ve spent a large part of your life thus far in school and in the same city. Before you get tied down with a full-time job, this might be the only time in your life where you have so much free time to yourself. You don’t have to worry about a mortgage or kids, so this is probably the best time to take some time for yourself and see the world.