Lux Investing

Which city in the US/Canada has the best potential growth in real estate?

I am planning to invest. Which city do you think has the best growth in 5 years? Thank you.

Public Comments

1. i'm not telling you unless you count me in
2. go 2 your computer and ask
3. It is widely reported that the US property market is having a tough time. Although real estate investment can always be profitable in any market if you know what you are doing, you might want to consider easier pickings north of the border. Several Canadian cities have demonstrated massive growth in the last 3 years including Calgary, Alberta and Vancouver, BC. These markets are probably a little over heated now, but other locations like Edmonton with its proximity to Alberta's oil fields and Whistler with the forthcoming Winter Olympics are sure to have a lot of activity in the next few years. If you want to stay in the US, consider cities with good colleges (in the top 30) and buoyant job opportunities. Avoid areas where people are moving away from or retirement communities and so on. An alternative would be smaller cities close to larger urban centres - Pasadena (LA), Concord (Boston) and Beaumont (Houston) are good examples.
4. Las Vegas, Atlanta, Dallas
5. In business circles, there is a feeling that Vancouver, Calgary and Edmonton cannot grow much more because of high costs. A better alternative might be the nearby province of Saskatchewan, particularly the cities of Regina and Saskatoon. One catchphrase I keep hearing is that Saskatchewan -- with its resources of light and heavy oil, uranium, potash and diamonds -- is "the next Alberta".