Great News for Raleigh-Cary-Apex-RTP selected as Number 2 on Best Cities for Job and Wage Growth in the US! Read the article from "The Real Estate Bloggers" below:
2008 Top 10 Best Cities For Job and Wage Growth on United States
September 12th, 2008 • Tom Royce • 0 comments • Related • Filed Under Filed Under: Top 10 Real Estate Lists
The Milken Institute has come out with their 2008 list of Best Performing Cities in the United States when it comes to economic growth and job creation. The index measures both job creation and salary growth in determining where the hot spots are in the country.
The regions that had the largest growth tended to be the regions that were least impacted by the housing, while (surprise, surprise) the biggest declining regions were in Florida and California, with Las Vegas and Poughkeepsie thrown in.
The question I have is, has economic growth warded off housing price declines in these successful regions, or has the housing drop off devastated the economies of the poor performing regions? Odds are it is the combination of the two. Let me know what you think in the comments.
2008 Top 10 Best Cities For Job and Wage Growth on United States
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