As of late, Baltimore often referred to as the Charm City, has been living up to its name, as a number of young professionals relocating to the city continue to see an upward trend. Baltimore has been noted for its declining population, but in all actuality, the city has seen an immense spike in the population amongst young professionals. The increased number of young professionals is expected to continue to rise, and the economic situation of the city is directly tied to this trend. There has been a strong demand for apartments to go along with the growing millennial population, and the city has seen a few major projects underway amongst real estate developers, as they have begun refurbishing older buildings in order to create new and fresh living options in the form of apartments and condominiums. You can visit toddlubar.com for more.
Public transportation seems to be an integral part of the infrastructure overhaul that is taking place in Baltimore. With an improved and expanded plan for public transportation in the city, more incentives are being created for those wishing to live and work in the downtown area. Because more suburbanites will be able to gain faster access to the city and its many amenities, the growth of the metropolitan area is expected to increase at an even faster rate than what was originally projected. Start-up companies have also begun flocking to the greater metropolitan area of Baltimore, as the city has always been friendly to new businesses and new talent from surrounding areas. The cost of living is also not expected to rise significantly in the incoming years, making it an even more attractive option for young professionals looking to begin their lives.
Todd Lubar is currently the President of TDL Global Ventures, and the Senior Vice President of Legendary Investments, having two decades of experience in the real estate industry. With a background in credit and finance, Todd Lubar graduated from Syracuse University with a B.A. in Speech Communication in 1995, and from there, went on to hold positions at Crestar Mortgage Corporation and Legacy Financial Group. Visit his website toddlubar.com
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