Long story short-

- An educated populace drives prosperity. And it drives it for every income group (higher wages, lower unemployment)

- The target demographic to attract is 25-34 year olds with at least a 4 year college degree. They are the most likely to move between cities.

- This demographic group shows a preference for living in close, urban neighbourhoods



Thoughts?



I agree with this study. I do believe that well paying professional jobs in oil & gas, and supporting industries, were attracting well educated 25-34 year olds to Calgary from other cities. Those job opportunities have declined significantly over the last 3-4 years. You probably have people in that demographic all over the country that want to move here, but are unclear about their prospects for the future.

That is why it is baffling to me, why the spike in rental residential construction in the inner city. Who are these people who are moving into the inner city when the job market is so uncertain? Are they native Calgarians wanting to move out of the suburbs? If so are they living in the inner city but working outside of it?