Quote:
Originally Posted by homebucket
It seems like some people are missing the point of this thread. It's not an announcement that Sac is some emerging global alpha city ready to take a seat at the big table with SF and LA. It's that as the 6th largest metro in CA, it's an increasingly attractive alternative to those priced out of the increasingly unaffordable Bay Area, as well as those coming from out of state (Chicago and Seattle) seeking job prospects and/or a California lifestyle. Good weather, chill vibes, year round access to world class outdoor attractions, top tier university (UC Davis), great food scene with its proximity to farms and Wine Country, craft beer and coffee.
It provides 90% of the lifestyle at 50-60% of the price. Certainly, there are plenty of even more affordable and more urban metros outside of California. But again, tat's not the point. It's basically turning into Bay Area lite at this point, for better or worse. I'm sure not all the native Sacramentans are not pleased with all the pretentious Bay Areans transplants arriving in their Teslas and pricing them out. I believe the Sac MSA was the only major metro in CA to post double digit growth rates from 2010-2020 at +11.6%.
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If one looks the big picture, it seems Sacramento is actually slowing down and converging to San Francisco:
Sacramento (MSA)
1960: 74.3%
1970: 28.9%
1980: 30.2%
1990: 34.7%
2000: 21.3%
2010: 19.6%
2020: 11.6%
San Francisco (10-county)
1960: 35.5%
1970: 27.6%
1980: 13.0%
1990: 16.6%
2000: 12.6%
2010: 5.3%
2020: 8.4%
It seems just another article taking assumptions based on short-term trends (or made up ones) like that other one proclaiming the sudden end of big cities.
Quote:
Originally Posted by homebucket
Sacramento is also home to a top 75 global university (and in the top 10 among public US universities) in UC Davis. UC Davis Medical Center is also one of the top hospitals in the country. I'm not sure there are many (if any) 500k metros in Europe and Asia that can claim that.
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Given reputable universities can be found in small cities: Oxford, Cambridge, Heidelberg, Princeton, Yale, etc., I don't think that's a good metric at all.
Stand at the core of a 500k (or a 800k - 1 million, it might be a hyperbole from my part) city in Europe or South America or Asia with those 2.5 million people in the US (Sacramento, Salt Lake City, Charlotte, Orlando, San Antonio) and you feel they're a busier, crowded with people walking around on their streets. In the US, they're basically a small Downtown surrounded by endless low-dense suburbs.