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They have to pay off school loans, and the 'bank of dad' and 'mommy money/ have dis- appeared as their parents struggle to rebuild their retirement portfolios. They have lost the confidence of previous generations that homeownership is a way to develop wealth. Instead, they believe that they will have to save for retirement, especially since they have a low level of confidence in the future viability of Social Security. They say they want to Live in urban areas. a 2008 survey byRCLCO found that 77 per- cent of generation reports wanting to live in an urban cone, not in the suburbs where they grew up. They want to be close to each other, to services, to places to meet, and to wo rk, and they wmuId catherwa lk than drive. They say they are wiLLing to Live in a smaller space in order to be able to afford this Lifestyle. The ability of most of this generation to afford urban living will be limited, however, and once they have school-aged children, they will look for good public schools. To find them, they will either work to improve the schools in the cities in which they live, which will make a great contribution to those cities, or they will move to the suburbs, as gen- erations before them have. However, they may move to the older, closer-in, and less- expensive suburbs or to compact suburban town centers rather than to low-density ouls-de-sac of the outer suburbs. This will be big change from the Fast, when people moved to the outer suburbs by choice in order to find a newer, bigger home. Over the coming decade, many of those who move to the outer suburbs will do so reluctantly and will miss the sense of com- munhyand the amenities they value. In addition, their suburban homes will appreciate in value slowly, if at all, because their major appeal will be their low price. This provides a major opportunity for developers to create new outer-edge communities with real town centers and urban amenities. Even on the outer edges, a compact, walk- able Lifestyle that is affordable will be attractive to income-constrained young families, especially ifb provides transportation alternatives. IiV