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I am thinking that the growth will mainly start shifting to new areas. The place I am thinking as new areas not thought of much in the past will be in South Carolina and Tennessee with possibly a couple of places in Alabama near the end of this decade. Texas will still grow well for another 10-20 years but likely slow down then due to crowding and possibly COL starts rising fast which might be related to it.
This makes sense, i could see areas like Charlotte and RDU getting some more growth as they have more room to scale and NC does a pretty good job attracting businesses.
Actually I meant even smaller, like Charleston, Baton Rogue, Wilmington, Chattanooga, NW Arkansas, etc. Charlotte and RDU have been in the spotlight for growth for a little while now and will continue to post relatively high rates, IMO.
I don't have enough time to get into a full reply here today but someone asked for a link to the news from the Atlanta Regional Commission that referenced the sharp growth slowdown in the 10 core counties of the metro area.
Bear in mind that the census bureau recognizes 27 or so counties to be in the metro area based upon commuting patterns. The 10 counties contain some 4.2 million residents out of the approximately 5.7 mililion that reside in the entire Atlanta metro. Someone turned off the people faucet: Metro Atlanta population growth slows to trickle unseen since the 1950s | Political Insider
I am thinking that the growth will mainly start shifting to new areas. The place I am thinking as new areas not thought of much in the past will be in South Carolina and Tennessee with possibly a couple of places in Alabama near the end of this decade. Texas will still grow well for another 10-20 years but likely slow down then due to crowding and possibly COL starts rising fast which might be related to it.
Actually, parts of those states have seen some good growth(Upstate SC and the Knoxville, Chattanooga and Nashville/Middle TN metros of TN). Huntsville, Mobile and the Auburn-Opelika areas of AL have seen some good growth too.
Actually, parts of those states have seen some good growth(Upstate SC and the Knoxville, Chattanooga and Nashville/Middle TN metros of TN).
You've also got Myrtle Beach, Charleston, and Columbia in SC (which are actually growing faster than the Upstate, which posts a solid growth rate as well). I'm putting my money on Charleston to be the one that booms a la Charlotte, Raleigh, etc. in SC.
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Originally Posted by atler8
I don't have enough time to get into a full reply here today but someone asked for a link to the news from the Atlanta Regional Commission that referenced the sharp growth slowdown in the 10 core counties of the metro area.
Bear in mind that the census bureau recognizes 27 or so counties to be in the metro area based upon commuting patterns. The 10 counties contain some 4.2 million residents out of the approximately 5.7 mililion that reside in the entire Atlanta metro. Someone turned off the people faucet: Metro Atlanta population growth slows to trickle unseen since the 1950s | Political Insider
No surprises here. The current state of economy is causing large numbers of potential residents to defer their plans. But I have to laugh at some of the posters who believe that a growth trend that has endured 150 years is suddenly going to reverse itself. I certainly have no concrete reason to believe it.
"Huntsville, Mobile and the Auburn-Opelika areas of AL have seen some good growth too."
Tuscaloosa has as well especially in the last 6 years from 83,000 to over 93,000. The city itself has grown by 15% in that time period. Mobile, the city, hasn't really grown any but neighboring Baldwin County is growing like a weed.
No surprises here. The current state of economy is causing large numbers of potential residents to defer their plans. But I have to laugh at some of the posters who believe that a growth trend that has endured 150 years is suddenly going to reverse itself. I certainly have no concrete reason to believe it.
Between 1900 and 1950, the Northeast and Midwest had explosive population growth. If the rate of population growth can slow down in the Northeast and the Midwest, then it can slow down in the South too.
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Originally Posted by Gnutella
Between 1900 and 1950, the Northeast and Midwest had explosive population growth. If the rate of population growth can slow down in the Northeast and the Midwest, then it can slow down in the South too.
If you read carefully, you will see that I was referring to a reversal of migration trends, not a slowdown (which is bound to happen anywhere). I really don't see a reverse migration from the South and West to the North and East in the foreseeable future, and certainly nothing on the scale of the exodus to the Sunbelt that has taken place over the last 50 years.
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