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That's true. However, speaking for Raleigh, I still think it's on the upslope of its boom years and has a good run left in it to take it to the next level.
That's true. However, speaking for Raleigh, I still think it's on the upslope of its boom years and has a good run left in it to take it to the next level.
Same is true of the rest of those cities mentioned too.
I don't know how much longer we can anticipate cities to "boom". Stable growth in the U.S. is significantly more likely. The U.S. is fairly developed as is and our population is aging. Throw in pricey infrastructure maintenance and increases in COL in places where it's currently cheaper to live (looking at you TX) and suddenly a lot less people are incentivized to relocate.
I don't know how much longer we can anticipate cities to "boom". Stable growth in the U.S. is significantly more likely. The U.S. is fairly developed as is and our population is aging. Throw in pricey infrastructure maintenance and increases in COL in places where it's currently cheaper to live (looking at you TX) and suddenly a lot less people are incentivized to relocate.
If any more people cram into Austin , Portland Denver or la they might explode . Pretty soon some of those places will drive the middle class out if they haven't already
If any more people cram into Austin , Portland Denver or la they might explode . Pretty soon some of those places will drive the middle class out if they haven't already
I'll be moving out of the Denver area for Arizona end of May. It's already expensive here, I'm sure there are other people from Denver moving out due to COL.
SLC has already boomed. It is not cheap. Austin will become a bubble if it rises anymore. What they are doing is unsustainable in terms of growth and home prices. A lot of the cities mentioned have already boomed or are in the middle of one. The next booms will be Boise, Northwest Arkansas, Little Rock, and Tucson.
It's not going to happen for Boise, guys. Sorry. Pleasant place, likely it will remain that way.
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