Probably not. The majority of the tenants in my building are young professionals and empty nesters. Families with children come through but are gone after a year. Once you're on that track it's very hard to go back to city living. Space is at a premium and kids need space for 18 years. I assume the suburbs are made of people that love suburb living (so much space!) and people with children.

Outside of finance and government there isn't a large sector in most cities. Most businesses are in cheaper, suburban office parks. So beyond the social and cultural aspects there aren't that many advantages to city living, IMO.