In the opinion of Marcus Hiles, Dallas is experiencing what he calls a new norm for urban residential living, similar to many other fast growing major U.S. cities including Houston, Atlanta, Boston, New York, Miami, Chicago, Los Angeles, and Philadelphia. Retiring baby boomers and millennials increasingly want luxury without the labor. But there are also other forces at work here. The increase in demand is also driven by large segments of the population that cannot afford a high down payment mortgage, are not looking to buy a home, or are downsizing – all at the same time. Hiles believes affordable upscale apartment communities will continue to grow in popularity because affluent Americans are increasingly becoming city dwellers – some by choice, others out of necessity.