Austin cited as one of the next “youth-magnet” cities

This next article I found is from The Wall Street Journal. It shows a great long-term trend for Austin homebuilders to keep in mind. “Knowledge workers” will increasingly play a strong role in the economic health of this community. Startups and company growth depend on having a well educated work force and Austin is well positioned with 120,000 students enrolled in some type of upper education program. That number grows to 300,000 when you look at a 200 mile radius – all of whom would probably choose to live in Austin given the opportunity. This article lists Austin in the top 10 post-recession boom towns for the young and ambitious. I think this is very important to keep in mind when determining what type of product you are going to need to create in the future.

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