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- Aug 22, 2012
Yeah, it's already starting. Everyone I talk to is starting to scoff at these prices in big cities. 10 years ago? Shh.. even 5 years ago people wanted to be in the major markets, NY, SF, LA.
Now? Everyone I speak with (young, objectively and relatively successful, educated) all want to go to tertiary cities. Austin, Nashville, Atlanta, Charlotte, Minneapolis etc.....
The problem is these cities got too full of themselves, prices correct themselves over time. Also these other cities are starting to put in the same traits that made the primary markets attractive....Restaurants, bars, other young educated folks etc...
Now? Everyone I speak with (young, objectively and relatively successful, educated) all want to go to tertiary cities. Austin, Nashville, Atlanta, Charlotte, Minneapolis etc.....
The problem is these cities got too full of themselves, prices correct themselves over time. Also these other cities are starting to put in the same traits that made the primary markets attractive....Restaurants, bars, other young educated folks etc...
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