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David Gilbert, President and CIO at Clarion Partners LLC, Looks at Millennials

Millennials. They’re on every businesspersons’ mind, not least of which are real estate developers. David talks about where this socio-economic group is now and where they might want to raise a family. Could an exodus to the suburbs—driven by Millennials’ search for good school systems—be on the horizon? Will there be enough of a supply to meet this demand? David explores the real estate sea change that might take place over the next decade.


Transcript

The topic today is pretty broad but we’re starting New York-centric: the impact of TAMI demand and technology in the office markets and where that is evolving and what factors would influence it in the future.


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