Students Helping Philadelphia!
The City of Brotherly Love made national headlines lately for its improving housing market, and recent grads are one of the top reasons that real estate in Philadelphia has been on the mend!
CNBC is reporting that an impressive 51% of out-of-town students are choosing to stay in Philadelphia after graduation. Students surveyed include major universities including Temple, UPenn, Drexel, and LaSalle.
What’s keeping all of these Millennials in Philadelphia? College grads explained that they love the walkability to award-winning restaurants and nightlife, the impressive art scene, and growing reputation as a “foodie” city. Plus, it’s convenient for young people due to its low unemployment rates (just 5.8%), booming businesses (think Comcast!), and relatively affordable housing options.