It's not. It will continue to experience some gentrification and COL increases consistent with the rest of the country, but without a booming tech industry or major cultural attraction like SXSW (or a satirical tv show) to put it on everyone's radar, that kind of exponential growth is not going to happen here. Raleigh-Durham is the next east coast tech hub, with Apple and Google increasing their footprint there, and larger and more diverse job market to boot.
CapitalDonut4 t1_ja9nzxn wrote
Reply to How long do you think it is before RVA meets the same fate of cities like Austin? by piratestears
It's not. It will continue to experience some gentrification and COL increases consistent with the rest of the country, but without a booming tech industry or major cultural attraction like SXSW (or a satirical tv show) to put it on everyone's radar, that kind of exponential growth is not going to happen here. Raleigh-Durham is the next east coast tech hub, with Apple and Google increasing their footprint there, and larger and more diverse job market to boot.
Just my opinion and guess for the future.