A surge in technology employment is fueling rapid growth in Dallas and Atlanta, which both broke records for CRE investment in 2021 as the top US markets, respectively, for total investment in all types of property.
The Dallas-Fort Worth metro now has the seventh-largest tech workforce in the nation, estimated at 380,000; Atlanta broke into the top 10 in 2021 with about 275,000 tech jobs, according to CompTIA, which tracks more than a dozen key tech categories including software engineers, database architects, IT managers and cybersecurity specialists.
Tech workers are migrating to the Dallas and Atlanta metros in large numbers, drawn by the growth of high-wage tech jobs in metros that offer a much more affordable cost of living that larger urban tech centers including New York, San Francisco, Boston and Washington DC.
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