“Here’s what Generation Y doesn’t want: formal living rooms, soaker bathtubs, dependence on a car.

In other words, they don’t want their parents’ homes.”

At AIM, we’ve been saying that for a long time. Read more from a Wall Street Journal report on the National Association of Home Builders conference.

Millennials are eyeing inner ring suburbs and homes with “character” as they move into the home initiation lifephase.

We loved this comment from a Boomer parent on the WSJ blog:

Milennials want my childhood without my immigrant accented grandparents…although they were a lot of fun and I miss them….art-deco inspired small homes within walking distance to the grocer, ice cream shop, hardware store and local movie theatre all owned by my neighbors. It was a special time.