DFW area attracting 2 million people by 2030?

[Dariusb]

I saw a post on another site where someone said that they read that by 2030 the DFW Metroplex will attract another 2 million people. That seems too high considering the area attracted 1 million people between 2010-20. I'd think that'd be too much of a burden on the regions services. Do you think this is possible or just a heavy handed guestimate? What are your thoughts especially those of you who live in the area? Also has there been any city in the US to attract that many people in a decade?

[The ATX]

DFW had a 1.1 million increase between 2010 and 2018. So 1.5 million between 2020 and 2030 is a reasonable estimate. Two million is not an impossibility.

[mhays]

I'll make a guess. Someone used the 2010 figure as the "current" population.

People are dimwits, frankly.

[Dariusb]

So, if that does happen, the population of the area would be damn near 10 million, right?

[Dariusb]

Originally Posted by mhays

I'll make a guess. Someone used the 2010 figure as the "current" population.

People are dimwits, frankly.

They might have. The idea of 2 million people moving to one area in 10 years is just mind boggling.

[dimondpark]

Seriously doubt it. The growth rate is already decreasing.

Dallas-Ft Worth MSA Pop Growth:
1980-1990 +32.09% +974,000
1990-2000 +29.38% +1,187,000
2000-2010 +23.22% +1,205,000
2010-2018 +16.86% +1,078,000

[dimondpark]

Originally Posted by Dariusb

They might have. The idea of 2 million people moving to one area in 10 years is just mind boggling.

I wont be impressed until another area rivals this...

1980-1990 Population Growth:
Los Angeles MSA +1,843,000
Los Angeles CSA +3,038,000

[SFBruin]

I doubt it. The past decade has been a decade of tremendous growth for DFW. I predict a regression to the mean.

[ThePhun1]

Originally Posted by Dariusb

They might have. The idea of 2 million people moving to one area in 10 years is just mind boggling.

Think of what LA must have been doing for decades.

[ThePhun1]

Nm

[Crawford]

That would be insane. It would mean the fastest growing major U.S. metro would double in growth rate. You would have endless McMansion sprawl to Oklahoma.

Short answer is no, not gonna happen. It would be amazing if DFW maintained its growth rate, which likely isn't sustainable given demographic trends.

[LA21st]

Originally Posted by dimondpark

I wont be impressed until another area rivals this...

1980-1990 Population Growth:
Los Angeles MSA +1,843,000
Los Angeles CSA +3,038,000

Yea, I vaguely remember (I was a kid lol) in the late 80s people on the east coast being shocked
How large la had become. It surpassed Chicago years prior, and it just seemed La was taken seriously as a major metropolis until the 80s.
Woody Allen's known disdain was from the 1970s movies .

[JManc]

They were predicting an added 1-2 million in Houston and DFW by 2030 since around 2000. Doubt 2 million will be added in just ten years.

[Dariusb]

Originally Posted by dimondpark

I wont be impressed until another area rivals this...

1980-1990 Population Growth:
Los Angeles MSA +1,843,000
Los Angeles CSA +3,038,000

That's nuts and impressive at the same time!

[badrunner]

I think this is equally as impressive:

LA MSA:
1920: 997,830
1930: 2,327,166

+1,329,336

followed up by:
1940: 2,916,403
1950: 4,367,911
1960: 6,742,696

[dave8721]

The 3 South Florida core counties had some big growth decades but nothing that can match LA. Miami-Dade, Broward and Palm Beach grew by 803k in the 1950s 984k in the 1970s and another 951k in the 1990s. I am sure Chicago and Detroit had some pretty big growth in the early 1900s (late 1800s for Chicago).

[badrunner]

Detroit's biggest growth spurt was in the 20s

Detroit MSA:
1920: 1,426,704
1930: 2,325,739

+899,035 +63.0%

One reason why people often compare it to LA despite wildly divergent paths in the postwar period.

[JAYNYC]

Originally Posted by Dariusb

Do you think this is possible or just a heavy handed guestimate?

Not without attracting several major corporate headquarters and / or major corporate satellite offices.

It landed Toyota, Liberty Mutual, JPMorgan Chase and more between 2010-2020, yet still only experienced growth just north of 1 million.

I'd guess +850K-1M would be more likely by '30.

[chris08876]

Yeah crack prices like these, yah can't go wrong. Best to get in now as opposed to when the masses drive up prices. Hopefully the supply can keep up.

https://www.realtor.com/realestatean...-54786?view=qv

This would be like 1.5+ million in Brooklyn on any given day. $685 a month in property taxes is like heretic talk in NJ. Not possible!

Turtle Creek Blvd looks like its in a nice area too. A yankee like me see's these kind of prices, and just salivates. Seems to good to be true. Folks would kill to get that price on an NYC apartment and not some 500 sq ft shoe box on the 2nd floor.

[badrunner]

Originally Posted by chris08876

Yeah crack prices like these, yah can't go wrong. Best to get in now as opposed to when the masses drive up prices. Hopefully the supply can keep up.

https://www.realtor.com/realestatean...-54786?view=qv

This would be like 1.5+ million in Brooklyn on any given day. $685 a month in property taxes is like heretic talk in NJ. Not possible!

Turtle Creek Blvd looks like its in a nice area too. A yankee like me see's these kind of prices, and just salivates. Seems to good to be true. Folks would kill to get that price on an NYC apartment and not some 500 sq ft shoe box on the 2nd floor.

$685 property tax and $667 HOA
I'd rather get a Dallas McMansion.
Or, for $2700/month total you can rent a decent place in NYC or LA.