Biggest cities in Bos-Wash corridor, DC is now #3 (crime rate, metropolitan, life)
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The two year percent change in growth for Illinois is 0.72% versus Pennsylvania which is 0.77%, which is likely within the margin of error, and not significant enough to make up for the ~130,000 people difference. If you extrapolated those exact rates out (assuming absolutely zero changes in the growth rates of either state) it would take nearly 4 decades.
It's worth noting, though, that the U.S. Census Bureau underestimated Pennsylvania's population by 97,612 people, and overestimated Illinois' population by 79,777 people, if you go by the differences between the 2009 estimates and the official 2010 counts.
It's worth noting, though, that the U.S. Census Bureau underestimated Pennsylvania's population by 97,612 people, and overestimated Illinois' population by 79,777 people, if you go by the differences between the 2009 estimates and the official 2010 counts.
These aren't census bureau estimates, and there is no way that this small of a difference in estimated growth rates isn't within the margin of error...
There is a pretty large condo housing shortage. I believe that is what the OP was talking about.
That was never my experience, but I left this past April. I lived in a cute, midsized condo building where units were contstantly for sale. The population is so transient and the housing prices so steep, its hard to believe that anyone couldn't find a condo (or rental). Afford them? Maybe not. Find them? Not a problem. But again, this is just my personal experience.
That was never my experience, but I left this past April. I lived in a cute, midsized condo building where units were contstantly for sale. The population is so transient and the housing prices so steep, its hard to believe that anyone couldn't find a condo (or rental). Afford them? Maybe not. Find them? Not a problem. But again, this is just my personal experience.
DC reminds me of Atlanta or Miami pre-2007, only thing is the Gov't growth delayed the real estate bubble popping a few years
Good luck waiting for that bubble. We don't have an issue with over building, we are greatly under built and almost all of our building has been revitalization of crack ravaged neighborhoods. Good luck waiting for a revitalization bubble. People actually want to live in neighborhoods where they won't get shot sitting in their living room, I don't see why this is so hard for people to understand.
To whoever said Baltimore is still growing and that the city is still #3. How can that be when the murder is rising rapidly and the city has already had more murder than it did in 2011.
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Every red marker represents a murder.
Every blue marker represents when a police officers kills somebody.
The murder rate is still going down and the city is still improving. I'm not condoning killing in any way, shape or form, but the general trend is that the city is on a upward swing.
One advantage that Baltimore City has over DC is taller buildings. A lot of the historic commercial office space in Baltimore's CBD is in the process of converting to residential as companies are moving to the hyper-trendy Harbor East/Harbor Point District. In fact, its widely believed that Baltimore's second tallest building, 10 Light Street, will soon be converting from office to residential. Unless DC rids itself of height limits, this is an advantage that Baltimore will continue to have over the nation's capitol.
In fact, a recent report released by Baltimore's Downtown Partnership estimates that Baltimore's CBD alone can supporty roughly 6,000 new units over the next 5 years. Current downtown residential occupancy rates hovering around 97% suggest that DP's report has some reason behind it.
That being said, Baltimore City has its work cut out for them when it comes to communities outside of the CBD, Midtown, Uptown, North Central, Southeast, & South Baltimore. West Baltimore has a lot of issues with crime/concentrated poverty. East Baltimore is pretty rough too, however Johns Hopkins is increasingly changing the eastside into their own "city inside of a city". Northeast Baltimore has to figure itself out. Harford Road is seeing some gentrification and stability, but Belair Road is seeing increased violent crime and has been hit hard with foreclosures.
In the end, Baltimore City will see increasing prosperity in the CBD and surrounding communities, while the neighborhoods further away from the water & city center will likely decline. I expect modest growth for Baltimore City over the next decade. 40 years from now, we'll probably have a higher population within city limits than Boston & Wasington DC again. Ultimately, time will tell.
Good luck waiting for that bubble. We don't have an issue with over building, we are greatly under built and almost all of our building has been revitalization of crack ravaged neighborhoods. Good luck waiting for a revitalization bubble. People actually want to live in neighborhoods where they won't get shot sitting in their living room, I don't see why this is so hard for people to understand.
The Fact is Washington's Economy is almost entirely Government and Government contractors, when (probably in the decade) the government either defaults and drastically cuts back public sector jobs, or does planned budget cuts, DC's market will be left in shambles, much Like Atlanta (remember its estimates where only 120K high) and its building boom.
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