US State Demographics
Housing-Market / Demographics Sep 22, 2024 - 10:37 PM GMTThe big problem with US house price trends is that the US is just so big! Whilst the US as a whole will see a rising population however that rise is not uniform across all states, so whilst this analysis is heading towards a conclusion for rising average house prices that does not mean that house prices will rise in your town, city or state. For instance it appears folk are fleeing the likes of New York and California for Texas and Florida of all places! Which I guess is more of a dream of what Florida once was rather than what it has become i.e. over populated. I strongly suspect that Florida will witness a trend reversal over the coming years as folk flee over crowded Florida for the likes of the Carolinas.
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By Nadeem Walayat
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Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
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