36: US Population Growth - a key metric for investors to consider
04-02-2005
PropertInvesting.net
For all those US property investors - as described in other parts of PropertyInvesting.net - one of the keys to successful property investment is finding areas with expanding populations. This can often lead to shortages of property and capital value increases. A very good resource to review is the Real Estate Center - specifically the US poulation growth trends from 1990 to 2000. Population growth has correlated quite well with price increase in such places as Nevada, Las Vegas and Florida - something likely to continue with the baby-boomer retiring.
This might partly explain why prices in Las Vegas rose 50% last year - they ran out of homes!
All those interested in the migration of baby-boomers to retirement centres might like to refer to Special Reports 10: Real Estate Investment in the USA - some helpful advice and insights