With all that said, in 20 years, do I think that most folks are going to be moving into the cities as some suggest? No, I dont. My best guess is that the biggest winners in the housing market two decades from now are going to be small- to mid-sized cities, some close to larger metros and others more distant.
"Small and mid-sized cities are poised to do well over the next couple of decades."
Specifically, Im talking about communities like Austin (TX), Savannah (GA), Athens (GA), Rochester (NY), Boulder (CO), Madison (WI), Knoxville (TN), and Spokane (WA).
It all depends on a few factors.
Cut off the taxpayer dollars to a city like Ann Arbor Michigan and they’ll go into convulsions and die. The same would happen to most cities nationwide.
What about midwest cities such as Sioux Falls, Lincoln & Omaha NE?