 |
How Growth Can Lead to Significant Appreciation
Exponential population growth creates a high demand for real estate.
Over the next 25 years, the U.S. population is estimated to grow by 82 MILLION.* An estimated 200 BILLION additional square feet of homes, offices, factories, and other structures–both new and rebuilt–will be needed to accommodate this forecasted growth.** The price tag for all that development? $25 trillion.
The irony is that over the next 25 years, land inventory will grow by ZERO percent.
Land located in the path of growth can appreciate at astounding rates.
- "Edge" communities, located on the outskirts of growing metropolitan areas, can create the highest demand and the highest absolute price appreciation.
- When land is located near a thriving metropolis, its proximity to commerce fuels growth.
- As cities grow, the expansion of water, roads, and sewers make land in the path of growth more affordable to develop.
At Miller & Zimmerly Real Estate Investment Group, we work diligently to study upcoming markets and focus on staying ahead the path of growth to find emerging markets on the horizon. Investing in this type of real estate can lead to significant returns on investment.
* U.S. Census
** "Toward a New Metropolis: The Opportunity to Rebuild America," Brookings Institute Study, December 2004
|
|
