Why You Should Buy an Investment Property in This Booming City
My investments are concentrated in the Atlanta region, where I live, and I've been fortunate to ride the Atlanta wave for years. It's still a good investment area, but the word's out and Atlanta is becoming expensive. So what's the new hot investing area?
Cities of the Midwest and Northeast United States, where most of the country's manufacturing took place, are known as the Rust Belt. We're talking cities like Detroit, Cleveland, Pittsburgh, and Syracuse, New York.
These once-thriving cities fell into decline when factories closed, causing people to migrate to other parts of the country looking for better opportunities. Post-pandemic, people are starting to come back to this region. The house prices are low, many people can work from home, and many of these cities are near attractions such as rivers and lakes, including the Great Lakes.
Source Fool.com
