Quote:
Originally Posted by mike7586
I don't know, I never believe these articles. I live in Charlotte and I am graduating college in December. I don't think it's that great here. Not to mention in the newspaper here all they talk about is how Charlotte is now a "dying city" and "is the boom over for Charlotte?", blah blah blah. I love Atlanta and I'm hoping to move there next year. It has a lot more going for it than Charlotte, trust me.
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Well before I say this.I have to say this is only an opinion based on what i know and THINK I know.What I have to say is at the expense of Charlotte.
1)Charlotte is not going to recover as quickly as many other cities.Yet I do belive it is here to stay and will continue to grow,but at a much slower pace.This is even before we even know how the Wells Fargo-Wachovia thing will play out.If they lose the jobs(and status)it will take the luster off Charlotte.Charlotte needs to really diversify more.Raleigh will take some of that "brain-drain" from Charlotte and some of it will go to Atlanta.
Atlanta will recover.I think Atlanta is the exception to the rule.The only reason cities like Dallas/Houston are attracting jobs in the $65,000 bracket is due to th energy sectors in each city.Also they have a lower unemployment rate than Atlanta.That you cannot compete with.But Atlanta has a much higher educacted population.Atlanta also is a higher educational center.It has more cocentrations of colleges in the entire South.The infrastructutre is here alreay.We have so much to already just add to what exisit.
Raeigh-The Research Triangle
Charlotte-Banking/Finance
Seattle-Microsoft
Austin-Dell Computers and UT-Austin
SEA&AUT have ONE thing in common.That is a major HIGH tech company.
CHT & Raleigh-One major Industry or economic driver.
Raleigh is the one that is closer to what Atlanta is.Due to their educational sectors.Imagine if Georgia and Atlanta put that kinda marketing and money into its education sector.From Morehouse to Emory to GaTech to UGA.Imagine linking Athens to Atlanta like it has been envisioned by train?Education centers do not suffer AS much as other sectors.
I do see Atlanta becoming more important in the financial sector in the future.Not by banks but like investment firms like Invesco and stock exchanges like I.C.E.These bring in highly paid and educated professionals.
Information Systems are also good.In Atlanta,headquarted are First Data(moved from CO),Equifax,Choicepoint and few other with major suppot operations.
So with all that which is great,there is still so much more room to grow.Will it take time and more effort?YES.