Monday, July 29, 2019
TKC BREAKING AND EXCLUSIVE NEWS!!! SOUTH KCMO AND JOCO FEAR HOUSING REAL ESTATE DEVASTATION AMID UPCOMING SPRINT 'MERGER' DEMISE!!!
Recent regulatory approval for the Sprint merger with T-mobile sparks fear of the local economic impact that will follow inevitable job cuts which, in turn, TOP ECHELON KANSAS CITY AREA REAL ESTATE INSIDERS AGREE will ignite a Johnson County & Southland real estate sell-off.
To wit and just to make it plain . . .
LOCAL REAL ESTATE LEADERS WARN OF IMPENDING HOUSING MARKET DEVASTATION IN THE AFTERMATH OF UPCOMING MASSIVE SPRINT LAYOFFS!!!
Local MSM attempts to keep locals stupid on the broad and far-reaching impact of the Sprint merger but it's a deal that threatens to change the character of the metro far into the future.
Here's the word from the BRILLIANT TOP ECHELON REAL ESTATE LEADERS who make local markets . . .
"From my perspective, what everyone is missing is the housing impact of the Sprint layoffs. Sure, KC might be able to absorb the jobs cuts but the empty houses that will result aren't going anywhere. A lot of people will move to find work or be forced to downsize. Sprint still has around 6,000 workers in Overland Park with several more contract workers. That's a lot of real estate and it represents what could be the biggest housing glut that Johnson County has ever witnessed . . ."
There's a bright side here, as prices rise in Kansas City, the Sprint vacancies might offer an "affordable" alternative destination.
And so . . .
THE GOLDEN GHETTO SHOULD EXPECT ANOTHER MASSIVE INFLUX OF KANSAS CITY RESIDENTS LOOKING FOR AFFORDABLE HOUSING LEFTOVER FROM SPRINT WORKERS MOVING OUT!!!
I'm sure we can all get along and places like Overland Park & Lenexa will welcome an influx of demographic, economic and cultural diversity that KCMO residents will bring to their community.
Meanwhile, what we know for sure and what every other local media outlet is afraid to mention is this: MASSIVE JOB LOSSES FOLLOWING THE SPRINT MERGER ARE ASSURED IN OVERLAND PARK. This is a fundamental fact proven over and over again during similar mergers. Sadly, KC area media are working to downplay the MAJOR ECONOMIC HIT ON THE WAY as they FAIL to keep the public informed about the important economic developments that will impact housing across the metro.
Developing . . .