Doing business is pricey in the largest U.S. metropolitan areas, which has prompted companies to consider locating in more affordable cities that have vibrant downtown neighborhoods, good public transit systems, walkability and culture, according to a new report. Residents may seek out these alternatives too, looking for a more reasonable cost of living.
Goodbye, New York. Hello, Nashville!
Dallas/Fort Worth, Austin, Charlotte, Seattle, Atlanta, Denver and Nashville were the top cities (in that order) on a list of markets to watch in PricewaterhouseCoopers and Urban Land Institute’s annual “Emerging Trends in Real Estate 2016” report. These cities were followed by San Francisco, Portland, Ore., and Los Angeles. (New York City landed at No. 15.)
The post Why New York Is Out and Nashville Is in for Real Estate Investors appeared first on Real Estate News and Advice – realtor.com.
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