The New Demographics: Brain Gainers And Smart Belts

Soaring home prices in California and coastal cities are causing a demographic migration that could reshape the American landscape.

"Young professional families are increasingly fleeing the exorbitant coast for Austin, Dallas or San Antonio, for Atlanta, Denver or Phoenix, for Charlotte, N.C... Calling the shift dramatic, demographer William Frey has dubbed the Southwest and Southeast the nation's 'brain gainers.'... Demographer Joel Kotkin...predicts that the trend 'may lead to a stabilization, or even a limited resurgence,' of the long-declining Rust Belt... In Atlanta, Ellen Crawford recalls one gleeful refugee from high-priced New Jersey who kissed her hands after she sold him a four-bedroom house in the sought-after suburb of Alpharetta for $189,000. Compared to the coasts, Crawford said, 'homes are practically for free here.' "

Thanks to Chris Steins

Full Story: Catching a Wave Out of Pricey California

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $16.95 a month

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.
$36.00
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95