Real Estate
There is not any other metropolis within the country with more population in a 250 mile radius than Philadelphia. half of the country’s total population inside a half day’s drive. Furthermore, population progress is trending southward into Virginia, the Carolinas, Georgia and Florida. These areas are less congested and have two essential features that New York and Boston won’t ever have – hotter climates and decrease taxes. As inhabitants continues to decline within the northeast and move southward, Philadelphia will be the closest distribution hub for these areas.
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New York City, then again, constructed some of the world’s largest skyscrapers which allowed for larger density throughout the City, more businesses, and therefore more revenue. The good news is that, in the long term, markets should finally right themselves.
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