Where is the Growing US Population Going to Live in 2050 Buy Land and Wait
Released on: August 16, 2008, 12:06 am
Press Release Author: Lance Dorman
Industry: Real Estate
Press Release Summary:
Los Angeles County should continue to be an ideal location for real estate investors, and buying land in Antelope Valley's largest cities, Lancaster and Palmdale Ca
Press Release Body: Los Angeles, CA, Aug. 16, 2008 -- Part II of when, where and how series. The population is expected to grow and real estate has shown to be a basis of wealth in the US. If you wanted to buy land and wait for the population, then where is the best area to buy land? If a speculator is looking to buy land or purchase real estate then making that investment in a down market is the prudent time to do just that, and buying in a historically growing area would be a safe place to land that investment. A recent study by a Washington think tank, the Brookings Institute, indicates the American population is expected to grow to 439 million by 2050, and minorities will make up 54% of the population. The majority of those minorities will be Hispanics, and Los Angeles which has long been a gateway for Hispanics will show the greatest growth in California. Hispanics have become the "majority minority" in Los Angeles County today. In addition, California's population is expected to reach 60 million by 2050, and Los Angeles will continue to be California\'s largest county, topping 13 million by mid-century according to a report by California\'s Department of Finance.
So where will this new population grow? Today forty nine percent of the available vacant land in Los Angeles County is in Antelope Valley which is in the Northern part of the County. "This is an area where there is a lot of growth potential" says Lance Dorman Vice President of Vacantlanddeals.com "There is a lot of available inexpensive land and it's just 40 minutes outside of Burbank". If these population projections are correct then Southern California will continue to be the most populated region of the most populated State. Los Angeles County should continue to be an ideal location for real estate investors, and buying land in Antelope Valley's largest cities, Lancaster and Palmdale Ca. is lined up to be an area to invest in low priced land. Historically the optimum place to invest in real estate is in growing communities. The optimum time is in a down real estate market. The old terminology buy low and sell high, and buy land and wait seem to fit well in Lancaster and Palmdale, Ca.
VacantLandDeals.com was formed to help investors find land investment opportunities, especially to help them find California land in the path of growth. The company can be reached at 213-500-9578 or http://www.vacantlanddeals.com .
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Contact: Lance Dorman vacantlanddeals.com Los Angeles, CA, 213 500-9578 info@vacantlanddeals.com http://www.vacantlanddeals.com
Web Site: http://www.vacantlanddeals.com
Contact Details: vacantlanddeals.com Los Angeles, CA, 213 500-9578