Goodbye St. Louis?

It's no surprise that cities that have thrived on manufacturing jobs for so long as dying out. Manufacturing is slowly being shipped overseas. A lot of these cities are emptying out as the jobs leave. St. Louis is one of them. Some "experts" think that these cities will just die out and be abandoned over time. But it doesn't need to be that way. According to an interesting article I found:
"Globalization taketh away—but it also giveth. Cities like Buffalo or St. Louis now have access to things that even people in Chicago didn’t not that long ago. Amazon, iTunes, and a host of specialty online retailers put the best of the world within reach. Where once you couldn’t get a good cup of coffee, there are now micro-roasters aplenty. Where once your choices were Bud, Miller, or Coors, an array of specialty brews are on tap, often brewed locally. Restaurants are better, with food grown locally and responsibly. Slowly but surely the ship is turning on sustainability, with nascent bike cultures in almost every city, LEED certified buildings, recycling programs, and more. House by house, rehab by rehab, neighborhoods in these cities are starting to come to life."

New people are choosing to live in these areas. Why?
"No, this new generation of urbanists sees these cities with fresh eyes. They see the decay, yes, but also the opportunity—and the possibilities for the present and future. To them this is Rust Belt Chic. It’s the place artists can dream of owning a house. Where they can live in a place with a bit of an authentic edge and real character. Where people can indulge their passion for renovating old architecture without a seven-figure budget. Where they have a chance to make a difference—to be a producer, not just a consumer of urban life, and a new urban future. Above all, these people, natives or newcomers, have a deep and abiding passion and love for the place they’ve chosen—yes, chosen—to live."

St. Louis may be one of those cities that are generally looked down upon, but it has a rich culture and history. And really, where else can you potentially experience a tornado and an earthquake the same day? (Yes, the Mississippi River follows a fault line, in case you didn't know.) St. Louis is interesting and unique and deserves to be revived. We are interested in working with people who want to invest in St. Louis. We are ready to be your property management team as you purchase investment properties. Please contact us today for more information on how we can help you get the most out of your investment properties.