Friday, August 15, 2008

Knoxville, TN

Knoxville, TN.
It is really nice to find a spot where people are upbeat about their market and excited about the prospects of the real estate business there. A huge new research complex is being built near Oakridge. Oakridge is the most international city in the USA per capita, according to one of my students. I have not verified this; but I believe it.
A new Volkswagon plant is coming to the Chatanooga area. This will bring jobs and business that will affect not only Chatanooga; but all of East Tennessee and the mountains of NC, and Georgia. This plant does not bring just jobs. It brings a lot of increased demand for infrastructure that will benefit everyone. I am sure there are a lot of people in my home state of NC, who are bitter at not getting the plant. Perhaps they should go to Tennessee and see the roads and talk to the residents about their schools.
If Volkswagon or any other company just wants cheap labor, they will not be locating in the USA. They are looking for total quality of life and operating conditions. The roads in NC are so bad that the ideal target industry for us would be dentists. They can make a fortune replacing people’s fillings.



David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com

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