Raleigh as Post Recession Boom Town?

Raleigh as Post Recession Boom Town?

July, 12, 2011, by Rusty

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Landing at number two on a list of fifty-two metro areas in the US expected to grow and prosper in the decade ahead, Raleigh is so named as a result of past job market performance, demographics, and other economic factors. Joel Kotlin of Forbes Magazine says:

Many of our top performers are not surprising. No. 1 Austin, Texas, and No. 2 Raleigh, N.C., have it all demographically: high rates of immigration and migration of educated workers and healthy increases in population and number of children. They are also economic superstars, with job-creation records among the best in the nation.

Raleigh has been showing up in a lot of 'Top' lists as of late. What say you? Are you and yours still reeling from the Great Recession or are the good times already here?

Article image courtesy of Adrienne Taylor.

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  • Jamie
    07/12 05:28 PM

    I’m trying to sell a downtown house I’ve owned for 6 years without taking a 20% loss in a lousy real estate market. From where I sit in Raleigh, a lot of “booming” needs to happen to even catch up with past prosperity.

    And since Forbes said my completely unlivable hometown was one of the top 3 small towns for families in America, I’ll take their lists with a big helping of salt.

  • MikeP
    07/12 11:32 PM

    Sounds like someone paid too much for their house six years ago. Also, I find Raleigh to be the opposite of an “unlivable hometown” as I live and prosper here just fine. Sour grapes anyone?

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