Part of the reason why lofts are popular is because there are plenty of professionals that are choosing to live in urban centers rather than go through the time-wasting commute everyday. Big influx of population has also pushed downtown businesses to increase the commodities, services and activities in the urban area.
Even with the threat of recession and the up’s and down’s of the job market, it just seems that these city dwellings will never go out of style as people tend to want the comfort of living near the places where they work.