In this article, you'll learn:
- How the South has surpassed the Northeast in economic influence.
- Factors driving migration and business relocations to Southern states.
- Economic benefits and challenges of moving to the South.
- Tenant opportunities in both regions amidst these shifts.
The Northeast CRE market has long been a national stronghold of financial power. But in recent years, there has been a massive migration away from this region for greener (mostly Southern) pastures where businesses can ease the effects of high taxes, high cost of living, and stricter regulations.
For reference, when we are talking about the American South, it includes six states:
Let’s explore why and how 6 states have surpassed the Northeast as the most financially influential region.
Articles are available exclusively for iOptimize Realty® subscribers.
Want to continue reading? Sign up below using your business email for access.
