sherekhan
Special Teams
Posts: 884
Joined: Feb 2004
Reputation: 126
I Root For: Memphis
Location: Olive Branch, Ms.
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
Atlanta has a much larger metropolitan area compared to Nashville. The population of metro Atlanta is ~6 million compared to ~2 million for Nashville. Really no comparison.
(This post was last modified: 05-10-2018 09:54 PM by sherekhan.)
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05-10-2018 09:52 PM |
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TigerBlue4Ever
Unapologetic A-hole
Posts: 72,327
Joined: Feb 2008
Reputation: 5665
I Root For: yo mama
Location: is everything
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-10-2018 03:45 PM)btiger Wrote: (05-10-2018 03:42 PM)ncrdbl1 Wrote: Sounds as if slick willie is doing some early campaigning in his possible run for office again. Has it been determined if this money came from the general fund or from the tourism zone money?
different herrington
Considering King Willie's last name is Herenton, I agree.
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05-11-2018 08:02 AM |
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salukiblue
Liaison to the Dummies
Posts: 31,099
Joined: Aug 2004
Reputation: 1292
I Root For: Space Mountain
Location: Tennessee
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-10-2018 09:52 PM)sherekhan Wrote: Atlanta has a much larger metropolitan area compared to Nashville. The population of metro Atlanta is ~6 million compared to ~2 million for Nashville. Really no comparison.
Because there is more room to grow.
Davisdson County is only 526 squares mile (Shelby is 726). Davidson is growing at a much faster rate than expected and its infrastructure can't keep up/expand to meet needs.
https://www.bizjournals.com/nashville/st...tory4.html
By the year 2020, the Nashville metropolitan area could be the 15th-fastest growing metro area in the United States, according to a population study conducted by Nashville Business Journal's parent company.
The findings, published in the July 6 edition of the ACBJ Research Report, project the Nashville area's population to swell from an estimated 1.09 million people in 1995 to 1.5 million people in 2020, a 37.41 percent jump. The Research Report is published by Charlotte-based American City Business Journals.
Of the eight counties in the Nashville Metropolitan Statistical Area, Rutherford County is projected to post the largest percentage increase in population from 1995 to 2020, jumping 55.45 percent from 148,041 people to 230,127 people, according to the study.
Williamson County comes in second with 50 percent projected population growth. Its population is projected to climb from 102,061 people in 1995 to 153,013 people in 2020.
Nashville metro is now over 1.9 million and Rutherford is over 290,000. Williamson County is at 211,000.
(This post was last modified: 05-11-2018 10:25 AM by salukiblue.)
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05-11-2018 10:18 AM |
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ncrdbl1
Legend
Posts: 27,145
Joined: Nov 2005
Reputation: 475
I Root For: Memphis Tigers
Location: Horn Lake
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-10-2018 03:45 PM)btiger Wrote: (05-10-2018 03:42 PM)ncrdbl1 Wrote: Sounds as if slick willie is doing some early campaigning in his possible run for office again. Has it been determined if this money came from the general fund or from the tourism zone money?
different herrington
My bad i will now stand in the corner like bad little boy..
But that still does not address my question. From where does the money originate? General fund or Tourism Zone money.
(This post was last modified: 05-13-2018 11:02 PM by ncrdbl1.)
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05-13-2018 10:59 PM |
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big12tigers
Bench Warmer
Posts: 153
Joined: Sep 2013
Reputation: 12
I Root For: memphis
Location:
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
I rarely post, but was off work for medical reasons today so..
My 2 cents
1). This thread took off comparing Nashville to Memphis. My wife has wanted for years to move to Nashville to be closer to our kids—not now! Traffic and logistics are a nightmare now in Nashville. Sure they have a lot of “big city” things going on, but if I wanted that I would move to NYC. I love our small city and its people, it has enough for us.
2). The LB stadium is ok for me and for my fellow tailgaters. Yes, I would love a newer stadium with all the bells and whistles, but after going to Tiger games for over 50 years, I am partial. Went with friends to Oxford last year to a game and it by no means is nicer than the LB. And we had to walk miles and fight traffic to get there and leave. All this with only about a three quarters of a full stadium. Going to the Liberty bowl game was so much fun with a packed stadium. If the Tigers continue to get better, they will pack the LB. Now, I think the University should purchase the LB and surrounding area. Turn the old Coliseum into class rooms and BINGO – an on campus stadium. Thus we could end that two sided argument!
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05-14-2018 09:57 AM |
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presskh
Heisman
Posts: 5,981
Joined: Apr 2009
Reputation: 138
I Root For: Memphis
Location: Athens, Alabama
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-14-2018 09:57 AM)big12tigers Wrote: I rarely post, but was off work for medical reasons today so..
My 2 cents
1). This thread took off comparing Nashville to Memphis. My wife has wanted for years to move to Nashville to be closer to our kids—not now! Traffic and logistics are a nightmare now in Nashville. Sure they have a lot of “big city” things going on, but if I wanted that I would move to NYC. I love our small city and its people, it has enough for us.
2). The LB stadium is ok for me and for my fellow tailgaters. Yes, I would love a newer stadium with all the bells and whistles, but after going to Tiger games for over 50 years, I am partial. Went with friends to Oxford last year to a game and it by no means is nicer than the LB. And we had to walk miles and fight traffic to get there and leave. All this with only about a three quarters of a full stadium. Going to the Liberty bowl game was so much fun with a packed stadium. If the Tigers continue to get better, they will pack the LB. Now, I think the University should purchase the LB and surrounding area. Turn the old Coliseum into class rooms and BINGO – an on campus stadium. Thus we could end that two sided argument!
Agree. I go to one Tiger FB game per year and the LB is still a nice stadium, IMO. It has a unique design that is graceful and artistically attractive, unlike so many other stadiums that are just straight up and down bleachers. I agree that the city should continue to maintain and make upgrades to it, but the stadium is a fine place to watch an afternoon or evening of Tiger football.
(This post was last modified: 05-14-2018 10:08 AM by presskh.)
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05-14-2018 10:06 AM |
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tigergreen
Moderator
Posts: 22,283
Joined: Apr 2005
Reputation: 566
I Root For: MEMPHIS
Location: E.Midtown is Memphis
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-10-2018 12:16 PM)3601 Wrote: (05-10-2018 11:41 AM)salukiblue Wrote: (05-10-2018 11:36 AM)Unbreakable04 Wrote: (05-10-2018 11:11 AM)salukiblue Wrote: (05-10-2018 11:09 AM)Unbreakable04 Wrote: Herrington should stick to the Grizzlies, which is the only thing he writes about that is intriguing.
I love the "transit plan" suggestion that it perpetuates growth. Nashville seems to sure be booming without a mass transit plan previously in place... waste $9 billion on a transit plan - the government always knows how to spend that much money in the best way possible (kidding). Then complain about $2.5M for an upgrade in the LB which generates revenue due to its one main tenant, for the city, and even though the LB operates "at a loss" just think about the albatross it would become if it did not make those same improvements (I like the Legion Field reference). Guess Tiger Lane was a waste of taxpayer money as well. Glad he is in journalism and not business.
Nashville WILL suffer if they don't get a real transit plan going.
If that's what suffering looks like, then please let Memphis suffer like Nashville.
I said, "will" not "are."
At some point the economics of living IN Nashville will be difficult more middle class folks. So they move to the burbs for cheaper living but the commute back to the job (in Nashville) becomes more and more ridiculous each day. And there is no way to improve (via widening/adding more highways) so traffic becomes more unbearable and people say, "I'll move somewhere else where I don't have a two hour commute each way."
Time will tell.
So you think the traffic issue will lead to a population decline in Metro Nashville?
I personally already know of a family that moved back to Memphis from Nashville for this exact reason. They moved there to be closer to family, but after a couple of years, they grew tired of sitting in traffic for an hour to go do anything fun, and then getting there and sitting around for another hour waiting for a table or whatever, then eating up another hour to sit in traffic to get home.
The mom said that she felt like they spent 2-3 hours enjoying the amenities of a booming city, and 6-7 hours dealing with the crap. She saw how much Memphis had changed for the better since they left, and decided they could get more out of life living here than sitting in traffic there.
(This post was last modified: 05-14-2018 10:21 AM by tigergreen.)
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05-14-2018 10:20 AM |
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salukiblue
Liaison to the Dummies
Posts: 31,099
Joined: Aug 2004
Reputation: 1292
I Root For: Space Mountain
Location: Tennessee
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-10-2018 12:16 PM)3601 Wrote: (05-10-2018 11:41 AM)salukiblue Wrote: (05-10-2018 11:36 AM)Unbreakable04 Wrote: (05-10-2018 11:11 AM)salukiblue Wrote: (05-10-2018 11:09 AM)Unbreakable04 Wrote: Herrington should stick to the Grizzlies, which is the only thing he writes about that is intriguing.
I love the "transit plan" suggestion that it perpetuates growth. Nashville seems to sure be booming without a mass transit plan previously in place... waste $9 billion on a transit plan - the government always knows how to spend that much money in the best way possible (kidding). Then complain about $2.5M for an upgrade in the LB which generates revenue due to its one main tenant, for the city, and even though the LB operates "at a loss" just think about the albatross it would become if it did not make those same improvements (I like the Legion Field reference). Guess Tiger Lane was a waste of taxpayer money as well. Glad he is in journalism and not business.
Nashville WILL suffer if they don't get a real transit plan going.
If that's what suffering looks like, then please let Memphis suffer like Nashville.
I said, "will" not "are."
At some point the economics of living IN Nashville will be difficult more middle class folks. So they move to the burbs for cheaper living but the commute back to the job (in Nashville) becomes more and more ridiculous each day. And there is no way to improve (via widening/adding more highways) so traffic becomes more unbearable and people say, "I'll move somewhere else where I don't have a two hour commute each way."
Time will tell.
So you think the traffic issue will lead to a population decline in Metro Nashville?
I think the cost of living inside Nashville would have an effect.
You look at East Nashville now and there are 700 sq foot condos for sale for $230k and houses like this (2 bed/2 ba, 1250 sq. ft.) listed for $350k. ( https://www.realtor.com/realestateandhom...0033-34760)
People, at some point won't be able to afford that) so they have to move to Rutherford, Wilson, or Robertson counties. Then, they save some dough on housing but then have to sit in a car for 3 hours a day.
In today's society, people expect more "now" and the idea younger people will be willing to grind out 90 minute commutes to live in the sticks is an antiquated notion.
So, yeah, at some point, I expect there to be an impact. That or the housing bubble will burst and screw up a lot of folks who are buying at insane prices now.
(This post was last modified: 05-14-2018 10:56 AM by salukiblue.)
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05-14-2018 10:45 AM |
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fsquid
Legend
Posts: 81,352
Joined: Jan 2004
Reputation: 1835
I Root For: Memphis, Queens (NC)
Location: St Johns, FL
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
It one of the reasons I don't miss Charlotte. Traffic there has become unbearable due to the population boom.
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05-14-2018 11:55 AM |
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tkgrrett
All American
Posts: 2,980
Joined: Dec 2009
Reputation: 99
I Root For: Memphis Tigers
Location:
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-14-2018 10:45 AM)salukiblue Wrote: (05-10-2018 12:16 PM)3601 Wrote: (05-10-2018 11:41 AM)salukiblue Wrote: (05-10-2018 11:36 AM)Unbreakable04 Wrote: (05-10-2018 11:11 AM)salukiblue Wrote: Nashville WILL suffer if they don't get a real transit plan going.
If that's what suffering looks like, then please let Memphis suffer like Nashville.
I said, "will" not "are."
At some point the economics of living IN Nashville will be difficult more middle class folks. So they move to the burbs for cheaper living but the commute back to the job (in Nashville) becomes more and more ridiculous each day. And there is no way to improve (via widening/adding more highways) so traffic becomes more unbearable and people say, "I'll move somewhere else where I don't have a two hour commute each way."
Time will tell.
So you think the traffic issue will lead to a population decline in Metro Nashville?
I think the cost of living inside Nashville would have an effect.
You look at East Nashville now and there are 700 sq foot condos for sale for $230k and houses like this (2 bed/2 ba, 1250 sq. ft.) listed for $350k. (https://www.realtor.com/realestateandhom...0033-34760)
People, at some point won't be able to afford that) so they have to move to Rutherford, Wilson, or Robertson counties. Then, they save some dough on housing but then have to sit in a car for 3 hours a day.
In today's society, people expect more "now" and the idea younger people will be willing to grind out 90 minute commutes to live in the sticks is an antiquated notion.
So, yeah, at some point, I expect there to be an impact. That or the housing bubble will burst and screw up a lot of folks who are buying at insane prices now.
Not much of a bubble, unfortunately.. decent portion of the net population growth is coming from people moving from the Northeast/West Coast and taking well-paying jobs. For people with household incomes of $150-200K, a $350K 1300 sq ft house isn't even something to bat an eye at.
Similar thing happening in Atlanta but to an even larger degree. I moved down to Atlanta from Boston and couldn't even understand the people from the 'Burbs talking about a housing bubble. Bought a brand new 4-br house right near midtown and my all-in payment (mortgage, tax, etc.) is about the same as my early 1900s 550sq ft 1BR apartment in Boston.
Southeast is seeing a huge number of relocations from the Northeast especially. Expect housing prices in the major metros to stay high.
(This post was last modified: 05-14-2018 12:17 PM by tkgrrett.)
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05-14-2018 12:17 PM |
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salukiblue
Liaison to the Dummies
Posts: 31,099
Joined: Aug 2004
Reputation: 1292
I Root For: Space Mountain
Location: Tennessee
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-14-2018 12:17 PM)tkgrrett Wrote: (05-14-2018 10:45 AM)salukiblue Wrote: (05-10-2018 12:16 PM)3601 Wrote: (05-10-2018 11:41 AM)salukiblue Wrote: (05-10-2018 11:36 AM)Unbreakable04 Wrote: If that's what suffering looks like, then please let Memphis suffer like Nashville.
I said, "will" not "are."
At some point the economics of living IN Nashville will be difficult more middle class folks. So they move to the burbs for cheaper living but the commute back to the job (in Nashville) becomes more and more ridiculous each day. And there is no way to improve (via widening/adding more highways) so traffic becomes more unbearable and people say, "I'll move somewhere else where I don't have a two hour commute each way."
Time will tell.
So you think the traffic issue will lead to a population decline in Metro Nashville?
I think the cost of living inside Nashville would have an effect.
You look at East Nashville now and there are 700 sq foot condos for sale for $230k and houses like this (2 bed/2 ba, 1250 sq. ft.) listed for $350k. (https://www.realtor.com/realestateandhom...0033-34760)
People, at some point won't be able to afford that) so they have to move to Rutherford, Wilson, or Robertson counties. Then, they save some dough on housing but then have to sit in a car for 3 hours a day.
In today's society, people expect more "now" and the idea younger people will be willing to grind out 90 minute commutes to live in the sticks is an antiquated notion.
So, yeah, at some point, I expect there to be an impact. That or the housing bubble will burst and screw up a lot of folks who are buying at insane prices now.
Not much of a bubble, unfortunately.. decent portion of the net population growth is coming from people moving from the Northeast/West Coast and taking well-paying jobs. For people with household incomes of $150-200K, a $350K 1300 sq ft house isn't even something to bat an eye at.
Similar thing happening in Atlanta but to an even larger degree. I moved down to Atlanta from Boston and couldn't even understand the people from the 'Burbs talking about a housing bubble. Bought a brand new 4-br house right near midtown and my all-in payment (mortgage, tax, etc.) is about the same as my early 1900s 550sq ft 1BR apartment in Boston.
Southeast is seeing a huge number of relocations from the Northeast especially. Expect housing prices in the major metros to stay high.
Thanks, interesting perspective.
But, Atlanta has been a "big" city for some time and has the transportation infrastructure in place to support that growth. Atl has had a rail system since 1979 and has an external loop highway, whereas Nashville's "bypass" loop is well within the city limits and has no plans for any real mass transit.
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05-14-2018 02:56 PM |
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macgar32
Legend
Posts: 32,671
Joined: Dec 2007
Reputation: 758
I Root For: Memphis
Location: Bartlett
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-14-2018 02:56 PM)salukiblue Wrote: (05-14-2018 12:17 PM)tkgrrett Wrote: (05-14-2018 10:45 AM)salukiblue Wrote: (05-10-2018 12:16 PM)3601 Wrote: (05-10-2018 11:41 AM)salukiblue Wrote: I said, "will" not "are."
At some point the economics of living IN Nashville will be difficult more middle class folks. So they move to the burbs for cheaper living but the commute back to the job (in Nashville) becomes more and more ridiculous each day. And there is no way to improve (via widening/adding more highways) so traffic becomes more unbearable and people say, "I'll move somewhere else where I don't have a two hour commute each way."
Time will tell.
So you think the traffic issue will lead to a population decline in Metro Nashville?
I think the cost of living inside Nashville would have an effect.
You look at East Nashville now and there are 700 sq foot condos for sale for $230k and houses like this (2 bed/2 ba, 1250 sq. ft.) listed for $350k. (https://www.realtor.com/realestateandhom...0033-34760)
People, at some point won't be able to afford that) so they have to move to Rutherford, Wilson, or Robertson counties. Then, they save some dough on housing but then have to sit in a car for 3 hours a day.
In today's society, people expect more "now" and the idea younger people will be willing to grind out 90 minute commutes to live in the sticks is an antiquated notion.
So, yeah, at some point, I expect there to be an impact. That or the housing bubble will burst and screw up a lot of folks who are buying at insane prices now.
Not much of a bubble, unfortunately.. decent portion of the net population growth is coming from people moving from the Northeast/West Coast and taking well-paying jobs. For people with household incomes of $150-200K, a $350K 1300 sq ft house isn't even something to bat an eye at.
Similar thing happening in Atlanta but to an even larger degree. I moved down to Atlanta from Boston and couldn't even understand the people from the 'Burbs talking about a housing bubble. Bought a brand new 4-br house right near midtown and my all-in payment (mortgage, tax, etc.) is about the same as my early 1900s 550sq ft 1BR apartment in Boston.
Southeast is seeing a huge number of relocations from the Northeast especially. Expect housing prices in the major metros to stay high.
Thanks, interesting perspective.
But, Atlanta has been a "big" city for some time and has the transportation infrastructure in place to support that growth. Atl has had a rail system since 1979 and has an external loop highway, whereas Nashville's "bypass" loop is well within the city limits and has no plans for any real mass transit.
As long as the Nashville continues to attract jobs paying the wages necessary to support the cost of homes there will be growth.
When the transportation issue becomes a problem for attracting jobs then there will be an issue (As far as I know it may already be an issue)
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05-14-2018 03:09 PM |
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FlyingTiger2016
1st String
Posts: 1,428
Joined: Aug 2016
Reputation: 60
I Root For: Memphis/GaTech
Location:
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-14-2018 03:09 PM)macgar32 Wrote: (05-14-2018 02:56 PM)salukiblue Wrote: (05-14-2018 12:17 PM)tkgrrett Wrote: (05-14-2018 10:45 AM)salukiblue Wrote: (05-10-2018 12:16 PM)3601 Wrote: So you think the traffic issue will lead to a population decline in Metro Nashville?
I think the cost of living inside Nashville would have an effect.
You look at East Nashville now and there are 700 sq foot condos for sale for $230k and houses like this (2 bed/2 ba, 1250 sq. ft.) listed for $350k. (https://www.realtor.com/realestateandhom...0033-34760)
People, at some point won't be able to afford that) so they have to move to Rutherford, Wilson, or Robertson counties. Then, they save some dough on housing but then have to sit in a car for 3 hours a day.
In today's society, people expect more "now" and the idea younger people will be willing to grind out 90 minute commutes to live in the sticks is an antiquated notion.
So, yeah, at some point, I expect there to be an impact. That or the housing bubble will burst and screw up a lot of folks who are buying at insane prices now.
Not much of a bubble, unfortunately.. decent portion of the net population growth is coming from people moving from the Northeast/West Coast and taking well-paying jobs. For people with household incomes of $150-200K, a $350K 1300 sq ft house isn't even something to bat an eye at.
Similar thing happening in Atlanta but to an even larger degree. I moved down to Atlanta from Boston and couldn't even understand the people from the 'Burbs talking about a housing bubble. Bought a brand new 4-br house right near midtown and my all-in payment (mortgage, tax, etc.) is about the same as my early 1900s 550sq ft 1BR apartment in Boston.
Southeast is seeing a huge number of relocations from the Northeast especially. Expect housing prices in the major metros to stay high.
Thanks, interesting perspective.
But, Atlanta has been a "big" city for some time and has the transportation infrastructure in place to support that growth. Atl has had a rail system since 1979 and has an external loop highway, whereas Nashville's "bypass" loop is well within the city limits and has no plans for any real mass transit.
As long as the Nashville continues to attract jobs paying the wages necessary to support the cost of homes there will be growth.
When the transportation issue becomes a problem for attracting jobs then there will be an issue (As far as I know it may already be an issue)
No. They need to relax zoning regulations and built more transit to grow inside Davidson. Otherwise, SB is right. They will push more people to the suburbs and become even more of a burden on TDOT.
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05-16-2018 10:41 AM |
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FlyingTiger2016
1st String
Posts: 1,428
Joined: Aug 2016
Reputation: 60
I Root For: Memphis/GaTech
Location:
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-14-2018 09:57 AM)big12tigers Wrote: I rarely post, but was off work for medical reasons today so..
My 2 cents
1). This thread took off comparing Nashville to Memphis. My wife has wanted for years to move to Nashville to be closer to our kids—not now! Traffic and logistics are a nightmare now in Nashville. Sure they have a lot of “big city” things going on, but if I wanted that I would move to NYC. I love our small city and its people, it has enough for us.
2). The LB stadium is ok for me and for my fellow tailgaters. Yes, I would love a newer stadium with all the bells and whistles, but after going to Tiger games for over 50 years, I am partial. Went with friends to Oxford last year to a game and it by no means is nicer than the LB. And we had to walk miles and fight traffic to get there and leave. All this with only about a three quarters of a full stadium. Going to the Liberty bowl game was so much fun with a packed stadium. If the Tigers continue to get better, they will pack the LB. Now, I think the University should purchase the LB and surrounding area. Turn the old Coliseum into class rooms and BINGO – an on campus stadium. Thus we could end that two sided argument!
CBU will go bankrupt in 10 years. I predict 2025, if not then 2030. There's a baby bust in demographics, and they can't compete with the public universities on cost. Many of it's peers have already closed, like Lambuth. [1]
UofM or Rhodes will probably buy it.
[1] - https://www.insidehighered.com/news/2015...riple-2017
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05-16-2018 10:52 AM |
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AlonsoWDC
Hall of Famer
Posts: 10,627
Joined: Sep 2015
Reputation: 923
I Root For: Memphis
Location: East Memphis
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
It'll be closer to 2040, but you're probably right.
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05-16-2018 05:36 PM |
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tigerlands
Hall of Famer
Posts: 13,924
Joined: Feb 2004
Reputation: 103
I Root For: Memphis Tigers
Location: Memphis
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-14-2018 03:09 PM)macgar32 Wrote: (05-14-2018 02:56 PM)salukiblue Wrote: (05-14-2018 12:17 PM)tkgrrett Wrote: (05-14-2018 10:45 AM)salukiblue Wrote: (05-10-2018 12:16 PM)3601 Wrote: So you think the traffic issue will lead to a population decline in Metro Nashville?
I think the cost of living inside Nashville would have an effect.
You look at East Nashville now and there are 700 sq foot condos for sale for $230k and houses like this (2 bed/2 ba, 1250 sq. ft.) listed for $350k. (https://www.realtor.com/realestateandhom...0033-34760)
People, at some point won't be able to afford that) so they have to move to Rutherford, Wilson, or Robertson counties. Then, they save some dough on housing but then have to sit in a car for 3 hours a day.
In today's society, people expect more "now" and the idea younger people will be willing to grind out 90 minute commutes to live in the sticks is an antiquated notion.
So, yeah, at some point, I expect there to be an impact. That or the housing bubble will burst and screw up a lot of folks who are buying at insane prices now.
Not much of a bubble, unfortunately.. decent portion of the net population growth is coming from people moving from the Northeast/West Coast and taking well-paying jobs. For people with household incomes of $150-200K, a $350K 1300 sq ft house isn't even something to bat an eye at.
Similar thing happening in Atlanta but to an even larger degree. I moved down to Atlanta from Boston and couldn't even understand the people from the 'Burbs talking about a housing bubble. Bought a brand new 4-br house right near midtown and my all-in payment (mortgage, tax, etc.) is about the same as my early 1900s 550sq ft 1BR apartment in Boston.
Southeast is seeing a huge number of relocations from the Northeast especially. Expect housing prices in the major metros to stay high.
Thanks, interesting perspective.
But, Atlanta has been a "big" city for some time and has the transportation infrastructure in place to support that growth. Atl has had a rail system since 1979 and has an external loop highway, whereas Nashville's "bypass" loop is well within the city limits and has no plans for any real mass transit.
As long as the Nashville continues to attract jobs paying the wages necessary to support the cost of homes there will be growth.
When the transportation issue becomes a problem for attracting jobs then there will be an issue (As far as I know it may already be an issue)
The State will rush in to correct any problems Nashville has. They always have and always will. No matter what the cost.
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05-16-2018 06:48 PM |
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3601
HoopDreams' Daddy
Posts: 26,908
Joined: Mar 2004
Reputation: 371
I Root For: Omar Sneed
Location: Mempho
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
ATL has MARTA, but it is underused. Cobb County population is about 740K. Metro ATL population is almost 6 million. Davidson county population is about 700K. Metro Nashville population is almost 2 Million.
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05-17-2018 03:36 PM |
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Unionman76
Heisman
Posts: 7,948
Joined: Dec 2006
Reputation: 1343
I Root For: Memphis
Location: Olive Branch, MS
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-17-2018 03:36 PM)3601 Wrote: ATL has MARTA, but it is underused. Cobb County population is about 740K. Metro ATL population is almost 6 million. Davidson county population is about 700K. Metro Nashville population is almost 2 Million.
amazing how many cities now have rail/trolley transportation around their cities
new orleans, dallas, houston, washington dc, denver, orlando
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05-17-2018 04:53 PM |
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cotton1991
Heisman
Posts: 9,665
Joined: Feb 2004
Reputation: 301
I Root For: Memphis
Location: MasonCity North Iowa
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RE: Herrington writes that taxpayers paying for LB improvements is "bad"
(05-10-2018 01:46 PM)Unbreakable04 Wrote: Ahhhh, government ruled & regulated mass transit, the solution to any city's (hypothetical) problems - maybe they should put that on a billboard
Government policies, direction, and funding were a huge factor in suburban sprawl and freeways. That sort of development was "ruled" by government every bit as much as any sort of potential mass transit.
(This post was last modified: 05-18-2018 06:36 AM by cotton1991.)
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05-18-2018 06:28 AM |
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