Let me beat you to the punch. Sacramento is heavily dependent on government employment and this sector is facing a large number of layoffs which is certain to affect the unemployment rate and overall local economy. Let’s also not forget that Sacramento's housing outlook is less than favorable and as for entertainment well options are limited as some will say.
Now for the half full approach and let’s focus on a real life look at things. Sacramento is prime for many developments that will bring much need jobs, entertainment and future value. The regions price adjustments make it ripe for the taking as it refers to purchasing land for future projects in addition construction cost are way down due to a worldwide cool down in demand of materials and while some commercial sectors show a glut others are in short supply.
Sacramento's location also makes it a great place to focus on future hospitality projects. A new arena plan calls for a small size city to be built just steps from downtown bringing not only a pro team but additional events that now are not interested in coming due to aging infrastructure and a lack of quality hotels to accommodate visitors.
With top sky resorts less than 2 hrs away Sacramento could and should be a hub for visitors from around the world looking for world class skiing. While most will stay at the resorts they have to fly or drive through here first and to not tap into that is just criminal. And well let’s not forget about old town.
This part of the city is just begging for a makeover and with prices adjusting now may be the time to act. Sacramento is a great place to invest in. It's incredible river front also allows for major access to visitors looking to take advantge of a great resource that we call the Sacramento River.
This is not about a short term investment I am talking about a true long term investment that pays off for generations to come.
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