| Tennessee is a state that has figured prominently | | | | million people, making both of them extremely |
| into the course of history in the United States, | | | | large urban centers. Large urban centers like |
| both in terms of the political and in terms of the | | | | these tend to have excellent job creation, a |
| economic. The Volunteer State as it has come to | | | | diversified economy and the ready availability of |
| be known in popular fiction currently has the 36th | | | | many of the different amenities that a person |
| largest land area in the United States, but at the | | | | needs in their life and for that reason tend to be |
| same time has the 17th largest population within | | | | very popular places for people to gravitate to |
| the United States, largely because of the size and | | | | when they want to settle down in life. The fact |
| prominence of urban centers such as Nashville and | | | | that Tennessee has two excellent places like this |
| Memphis. There is another thing that Tennessee | | | | is one of the main reasons that real estate values |
| has been known for in the course of history and | | | | in the state have continued to grow over the |
| that is ever increasing land values. | | | | years, mimicking the city in that respect. |
| Modern Tennessee | | | | Suburban Reasons |
| As most people are aware, almost every place in | | | | There are many other urban centers aside from |
| the United States has land values in the modern | | | | Nashville and Memphis and of course the urban |
| age that are quite a bit higher than the land values | | | | centers of the state are where all the jobs are. |
| were 20 years ago in 1988. At the same time | | | | The popularity of working in these urban centers |
| however, it is important to realize that many | | | | has drawn a lot of different people to work in |
| places within the country have been through | | | | Tennessee and many of the middle class people |
| periods of up and down movement and as a | | | | that work in the state have settled down in the |
| result of wrong predictions many people have | | | | suburban areas of the state. Of course, with |
| ended up losing money in those real estate | | | | increased demand and static supply, the prices |
| markets. Tennessee on the other hand has really | | | | begin to rise and the continual increase in |
| been growing steadily to the point where even | | | | popularity of living in a state like Tennessee is |
| today it has not been hit that much by housing | | | | exactly why land prices have continued to |
| values within the country. There are many | | | | increase over time. |
| reasons as to why this is so. | | | | Conclusion |
| Urban Reasons | | | | There are other reasons as to why prices have |
| The main reasons are the two massive urban | | | | continually risen in Tennessee, but the bottom line |
| centers in the state, Nashville and Memphis. | | | | is that investing in the state is a very good idea |
| Nashville has a population of around 1.5 million | | | | for anyone that wants their investment to collect |
| people and Memphis has a population of around 1.2 | | | | money over time. |
