Ryan Serhant says the American city isn’t dying—wealth is ‘multiplying,’ and buyers are flocking to Ohio, Alabama, and the Carolinas
The Owning Manhattan star says the wealthy are diversifying into cheaper, less obvious markets.
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# Investment Summary Real estate entrepreneur Ryan Serhant argues that wealth concentration is shifting from traditional markets, with affluent buyers increasingly investing in secondary markets like Ohio, Alabama, and the Carolinas where lower valuations offer greater growth potential. This geographic diversification signals a potential reallocation of capital from high-priced coastal markets toward undervalued secondary and tertiary cities, potentially benefiting regional real estate developers, construction companies, and local commercial assets in these emerging markets.
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