Is the #1 reason for the growth spurt in the south because of low cost of living? (transplants, how much)
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A couple of years ago I moved to Charlotte and have met quite a few transplants here. Lots of them complain about the vanilla culture, lack of amentities, chain restaurants, etc. When I ask them their reasons for moving, the most common answers I get are either cheap housing or lower taxes. Do you think the low cost of living is the primary reason for the population boom in the South or are people really moving here for other reasons? Its not like there is really a booming economy here anymore. Thoughts?
I hear a lot of people here in Austin say they relocated for the weather, among other things. Many hate cold weather and see it as a reason to move south, to go along with the lower cost of living.
A couple of years ago I moved to Charlotte and have met quite a few transplants here. Lots of them complain about the vanilla culture, lack of amentities, chain restaurants, etc. When I ask them their reasons for moving, the most common answers I get are either cheap housing or lower taxes. Do you think the low cost of living is the primary reason for the population boom in the South or are people really moving here for other reasons? Its not like there is really a booming economy here anymore. Thoughts?
I think it's weather & they think that the cost of living is cheaper here... I can't wait to move back up north
Quote:
Originally Posted by Marat
I hear a lot of people here in Austin say they relocated for the weather, among other things. Many hate cold weather and see it as a reason to move south, to go along with the lower cost of living.
agreed...i miss the snow honestly... I'd love to be able to ski and/or snowboard
Location: NY-NJ-Philly looks down at SF and laughs at the hippies
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Quote:
Originally Posted by bchris02
Do you think the low cost of living is the primary reason for the population boom in the South or are people really moving here for other reasons?
Yes, I do believe the low cost of living is the primary reason for the population boom in the south.
I have an example: I have a friend who just paid 250,000 for a 1 bedroom, 1 bathroom at roughly 500 sq ft in Hoboken. In the south this would buy a 4 bedroom, 3 bath house at around 2500-3000 sq ft and this goes for even for the major metro areas.
Quote:
Its not like there is really a booming economy here anymore. Thoughts?
In Dallas and Houston the economies are still booming under current economic conditions. However, outside of those two cities I agree.
Last edited by Gateway Region; 08-01-2011 at 09:08 AM..
Pompous much? I live in the real world, and hate big houses and big yards. Guess I must be the exception to your ridiculous rule.
In the real world, outside of city loving CD users, people like big houses and yards. You are the exception, however, the rule is far from ridiculous. Just look at the housing constructed within the past 50 years.
I think people are moving due to COL, but I think that is also why some inland Northeastern metros have seen gains as well.
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