ROSELAND, N.J. — Reducing taxes, bringing more businesses to New Jersey and building affordable housing were cited as the main reasons to help millennials (generally categorized as those born between 1981 to 2000) stay in New Jersey, say 975 respondents in a New Jersey Society of CPAs (NJCPA) survey conducted of members in March.
When asked what idea would have the biggest impact on keeping millennials in the state, 34 percent of the respondents cited reducing taxes (property, business, etc.) as the main reason millennials would stay, while 16 percent said bringing more businesses to the state would help and 14 percent recommended building more affordable housing, including lower rent. Respondents were asked to rank the top three things that would keep millennials from leaving New Jersey.