In the last few years, the revitalisation of cities has been a fascinating story. It’s usually framed as cities thriving while suburbs founder. A concurrent idea is that the Millennial Generation is a truly “urban” generation and will not flee to the suburbs at a certain stage of life, as previous generations have done.

That would further boost the growth of cities compared to suburbs. Many commentators have taken issue with these characterisations, however, and new data backs them up. Is there truly a major shift taking place in housing preferences? What do Australians want in a home? Though the world as a whole…