The southern US is growing much faster than the rest of the US, especially places like the Phoenix MSA and Texas Triangle. Of the top 10 most populous cities in the US, the only four that have experienced more than 10% population growth in the past decade have been in Texas and Arizona. Austin in particular (#11th most populous US city) grew 24% in the past decade and is probably the hottest real estate market in the US right now. Anyone who lives in these areas, especially Texas, knows how how many people from places like California are going to Texas for cheaper CoL amongst other things. I'd provide links but I'm not sure if they'd get my post deleted by AutoMod - city/state growth is readily available.
That being said, real estate is the most obvious investment opportunity to profit off of this demographic shift. My only exposure to real estate as a 25 year old just starting my career is FundRise and REITs - FundRise has a clear focus on southern real estate, especially in TX, and with enough research you can find REITs (like MAA, CPT, BRT) that invest primarily in the sunbelt region.
Other ideas I've had are power/utilities companies like PNW. One might even combine this demographic perspective with climate change speculation - people are moving to hot places that are going to keep getting hotter; air conditioning stocks like CARR may be a good choice?
So form my perspective, I can only really think REITs/utilities/AC. I wanted to give my own two cents on how to profit off of this growth but also see if people here had other ideas as to specific sectors or stocks (or non-stock market ideas) and spark discussion. I'm also curious if people here have ideas for investing in other demographic trends such as aging population.
Submitted April 23, 2021 at 06:59PM by carlyslayjedsen https://ift.tt/32Koapc
