Atlanta in 10 years? (Sandy Springs, Roswell, Marietta: real estate, condos, travel)

[plessthanpointohfive]

I don't think it will last. We're project to get a lot more people moving in here and more and more people are electing to live intown to have a different definition of a better quality of life (as my family did). First all the intown neighborhoods will gentrify - which started in the 80s and continues to this day if you look towards the western and southern parts of the city. The northern and eastern parts are just abotu finished. After that the only way to go is up.

I predict when I am an old lady there will be a magnificent skyline in Atlanta that I will be able to see from my porch. Right now all I can see is the "pencil building".

And my house will be worth millions!!!!

[johnatl]

There are highrises now in places like Dunwoody and the Cumberland/Galleria area, we are indeed going vertical and this is just the beginning. Once the real estate slump is over and some of this inventory is soaked up, just wait and see how many highrise residential towers break ground. I predict we will see several rental towers break ground this year.

[gt6974a]

Originally Posted by plessthanpointohfive

First all the intown neighborhoods will gentrify - which started in the 80s and continues to this day if you look towards the western and southern parts of the city.

The new thing is gentrification is racism b/c you're driving out all the lower income residents who happen to be Black downtown.

[plessthanpointohfive]

Except it seems that a lot of the gentrifying neighborhoods seem to be somewhat international.

As long as there is mixed housing - single family homes, multifamily homes, condoes, apartments - I think there's less a chance that the area is homogenous.

The main thing I want to see the city do is cut property taxes down for the elderly or for certain income brackets so they aren't necesarily (I spelled that wrong but I can't seem to get it right!) driven out. But I know not everyone agrees with me on that...

[CityFan]

Originally Posted by gt6974a

The new thing is gentrification is racism b/c you're driving out all the lower income residents who happen to be Black downtown.

No, it's not true. New highrise condos in downtown are bought by blacks a big time. Blacks account for at least 75% and above.

[Vampgrrl]

Increasing density, rail and people growing up in atlanta to create a more local flavor will encourage people like me to look at Atlanta again.

As things stand now, it's the suburbs which will wind up being the slums of tomorrow...energy prices and traffic...and no political will to deal with anything other than putting one's head in the sand and yelling at the neighbors to GET OFF MY LAWN!

[gt6974a]

Originally Posted by CityFan

No, it's not true. New highrise condos in downtown are bought by blacks a big time. Blacks account for at least 75% and above.

maybe so, but you won't read or hear that in the media

[rcsteiner]

Originally Posted by plessthanpointohfive

I predict when I am an old lady there will be a magnificent skyline in Atlanta that I will be able to see from my porch. Right now all I can see is the "pencil building".

I predict that I will never grow up to be an old lady. I don't want to grow up at all, to be honest, but I'm not sure there's much I can do about that...

And my house will be worth millions!!!!

Man, wouldn't that be nice... If my house was worth millions, maybe I could actually retire someday!

[BobKovacs]

Originally Posted by Vampgrrl

Increasing density, rail and people growing up in atlanta to create a more local flavor will encourage people like me to look at Atlanta again.

As things stand now, it's the suburbs which will wind up being the slums of tomorrow...energy prices and traffic...and no political will to deal with anything other than putting one's head in the sand and yelling at the neighbors to GET OFF MY LAWN!

And what "political will" are the intown folks implementing, exactly? Since you seem to think those in the burbs have none, I'm assuming that means you think there's some great will in the city that's moving mountains or something.

[OhioNative]

One side effect of the housing crisis is that the growth is slowing. The recent stats indicate that housing starts in Gwinnett are under half of last year, and down two-thirds from 2 years ago. The school enrollments in Gwinnett also did not meet predictions, and some teachers had to be reasssigned or laid off. Between the economy, the growth is obviously slowing down. The question is, how long will it slow?