Where would you live if you were offered your dream job?
Here is the results!
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MOST FAVORITE CITIES
1. New York City
2. San Diego
3. San Francisco
4. Las Vegas
5. Los Angeles
6. Seattle
7. Denver
8. Phoenix
9. Chicago
10. Boston
LEAST FAVORITE CITIES
1. New York City
2. Detroit
3. Los Angeles
4. New Orleans
5. Chicago
6. Las Vegas
7. Washington DC
8. Cleveland
9. Dallas
10. Miami
Key findings are:
- This survey is like "brand image" research of major US cities among business men/women.
- The largest cities such as New York, Los Angeles and Chicago are ranked in both most and least favorite ranking ---- this clearly shows American love-hate relationship for big cities.
- Detroit, because of dwindling jobs, increasing crime, severe weather and troubled auto industry, are considered least favorite. This tendency is somewhat true for all Midwest-Rust Belt cities.
- "Mid-Size" west coast cites such as San Diego, San Francisco and Seattle are very popular! I believe it is because of 1) mild weather, 2) environmental friendliness and 3) high-income jobs.
- San Diego are usually ranked very high in this type of research. However, the challenge of San Diego (compared to SF/LA) is availability of high-paying jobs. In fact, the lack of high-paying jobs has accelerated San Diego's real estate depreciation. Once San Diego can offer abundant high-paying jobs, reality should catch up with great images.
It is Time to Travel to Austin Tx!
Happy Investing!!!!!!
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