Is Nashville the new Atlanta? A recent article in the Wall Street Journal (reposted on Realtor.com) goes in-depth about the Music City and their recent population explosion (up 45% since 2000), low unemployment and their extraordinary economic growth. Apparently it is the hot place to relocate and that is great for some, and not so much for others. Either way, they’ll all need good, quality, housing.
“Nashville, Atlanta, Charlotte, Raleigh-Durham, Miami and other large Southern cities have become the economic powerhouses of the region, drawing more migrants from the North and Midwest. Southern metro areas make up almost 32% of the U.S. population, up from about 29% in 2000, according to the census. During the same period, the percentage of the U.S. population in metro areas of the Northeast and Midwest dropped.”
Quite frankly, this little nugget sums it all up regarding relocation to Nashville:
“In a message to employees, the company cited lower cost of living and lower taxes as reasons for the move.”