long term cashflow in Cleveland

[Liridon K.]

Hi guys!

i am currently looking to invest in Cleveland but because i live abroad, i need some help from locals to make a proper analysis of the area. i wonder what potential there is for long term cash flow in Cleveland? i am not interested in short term "ride the wave" kind of investing, what matters to me is only the cash flow over time.

 Therefore i would like to know your thoughts on the Cleveland market and what factors that make people want to stay in the city, and why people would want to move to Cleveland. Would truly appreciate your thoughts and reflections on this matter!

[Patsy Waldron]

So you're asking about the employment and economic drivers in Cleveland.... For the metro area, they are the hospitals (University Hospitals, Cleveland Clinic, MetroHealth are all big employers), universities (Case Western Reserve University, Cleveland State University, John Carroll University, Cuyahoga Community College), plus quite a bit of banking/finance. There is a very active restaurant/foodie scene, especially craft breweries (not sure how many people they employ). People come here for the jobs mainly-- no one is moving here for the weather, trust me. ;-)