Tuesday, April 29, 2014

Where will you be living in 2020?



Live-Work-Play-Shop-Learn in 2020

Housing and community design will change but not as rapidly as our culture. We will come full circle by 2020 when we see “mill towns” prosper again. The small town with a main street with an industrial or technology base will provide a safe haven from urban living. Technology is isolating the individual but we will swing back to small town living. Why – people need people and technology is just a tool and not a life style.



Recently, U-Haul released its annual Top 50 U.S. Destination Cities Report for 2013.
                                                Median Home Price                Unemployment Rate (2/14 BLS)

1.         Houston                                $187,000                               5.7
2.         Orlando                                 $193,000                               6.0
3.         Las Vegas                            $214,000                               8.6
4.         Chicago                                $247,000                               9.0
5.         San Antonio                         $175,000                               5.5
6.         Austin                                   $225,000                               4.8
7.         Brooklyn                   
8.         Philadelphia                         $256,000                               6.9
9.         Columbus                             $185,000                               5.5
10.       Kansas City                         $162,000                               6.9
11.       San Diego                            $482,000                               7.0
12.       Dallas                                   $207,000                               5.8
13.       Sacramento                         $300,000                               8.2
14.       Charlotte                              $215,000                               6.4
15.       Phoenix                                $214,000                               6.1

I don’t think that U-Haul is the best indicator of where people are moving to but perhaps moving from one location to another in the same city such as in Brooklyn. After all, you would think that Atlanta or LA would be in the top 15 destinations. 
Would you move to Texas? 



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