"Follow the money" has for decades been a popular phrase in investigative journalism. But for far longer it's been a de facto principle in business and investing. A new Marcus & Millichap video addresses the increasing movement of capital between the states.
"Investment into smaller cities has risen sharply and the volume of interstate investment has surged," says John Chang, senior vice president and director of research services.
In other words, investors are spreading their money out geographically for a number of reasons, including diversification, the search for higher yields, state tax policies, and retirement strategies, "to capitalize on unique market dynamics like migration and demographic trends."
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