Fast-growing tech sector fuels housing boom in many US cities

Thousands of high-paying jobs are pushing up home prices in places like Nashville, Raleigh, Austin and Cambridge

Published Fri, Jan 27, 2017 · 09:50 PM

    Washington

    CONSTRUCTION cranes dot much of downtown Nashville these days as the Tennessee capital remains in the grip of a sustained building boom.

    More than 8,900 apartments are under construction in the Music City, double the number in 2012, as developers rush to catch up with rising demand in a city where home prices have increased 49 per cent over the past four years, according to the Greater Nashville Association of Realtors.