Publications

- July 1, 2021: Vol. 33, Number 7

To read this full article you need to be subscribed to Institutional Real Estate Americas

Buzz cities: Young professionals are in motion, and here is where the talent, action and profits can be found

by Mike Consol

Buzz: An atmosphere of excitement and activity.

Now, more than in a long time, young American professionals are on the move — driven from their fixed positions in major U.S. cities, and no longer tethered to their physical places of employment.

Yes, it is one of the symptoms of the COVID-19 pandemic but, more accurately, the pandemic has accelerated changes in the job market that have been trending for a couple of decades, especially among members of the so-called knowledge economy — people who work with information in its various forms can pretty much work from anywhere that has a dependable internet connection.

Given freedom of movement, where do young knowledge-economy professionals go? You probably can rattle off at least some of the names of cities that are creating buzz these days: Austin; Boise, Idaho; Charlotte, N.C.; Dallas/Fort Worth; Denver; Phoenix; Nashville; Raleigh, N.C.; and Salt Lake City, among others.

Incre

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.