An ancient Greek, whose name is unknown to me and perhaps to anyone, is recorded as having said, "No man loves his own city because it is great, but because it is his." I daresay he had not visited my beloved hometown of Quincy, Illinois.
It gives me joy to say that my love for the Gem City is shared by the Millennial, those born between 1981 and 2001, who, according to a recent article in the Quincy Herald-Whig, have made Quincy "seventh nationwide in a two-month snapshot among cities where members of the millennial generation ... are buying homes."
The rate at which they are buying homes in Quincy is surprisingly high, especially since so many young people claim - as they have done for decades - there is nothing to do in Quincy:
A story last week in USA Today noted that millennials bought 49 percent of Quincy homes sold over a two-month period this year. Figures from the most recent reporting period show that 37 percent of homes sold in Quincy went to millennials [more].There may be a good financial incentive for them to buy homes in the Gem City as compared with other cities:
The "micropolitan area" is a new term for me, but it seems humorously fitting for the area around Quincy.Home prices bought by millennials nationwide have an average cost of $187,164, according to Ellie Mae figures from the August-September period. In the Quincy micropolitan area, the average price is $96,219 for the same period.
Many of these millennials will, of course, be those moving back home after going away for college. But others, of course, will be newcomers to the Gem City and I hope they enjoy it as much as I do.