What about Atlantic city?

[Matt I.]

Atlantic city seems to have the ingredients of a successful urban district. A train running from Philadelphia, the integration of more college satellite campuses, and the highest density of casinos and gambling on the east coast. Not to mention its a beachfront city.

In recent years it seems like tri state cities boomed overnight. Years ago nobody wanted to deal with Hoboken, Asbury park, jersey city, Philadelphia... But with more millenials wanting to move to cities, when can we expect AC to have its turn? I even heard there's a 40 minute train line from Philly to AC. As an architect and prospective investor, there are many layers to my curiosity..

This is all just speculation on my part, but I'm curious to know what experiences people have had with investment properties in Atlantic city. Is there a rental demand yet? What about vacation rentals and air Bnbs? Houses well under 100k are abundant which is almost unheard of in jersey, let me reiterate this is beachfront property..

[Romeo E.]

Having success in an urban district requires one thing above all else. Jobs. AC has plenty of real estate, high crime rate, bad school zones, and casino jobs which are in failing casinos.