Johnny Dragon's Labor Day Newsletter

Happy September! Click on each picture for the referenced article.

Where Are People Moving To?

During the COVID-19 pandemic, people left the metropolitan cities, such as Manhattan and Downtown Los Angeles, thus choosing to move the suburbs. However, a new study has found that people have chosen the intense drought areas. Why is that? Affordability.

According to a recent RealTrends article, areas with high fire and flood risks saw an average 3% and 1.9% population increase, respectively. Also, interest and demand for secondary homes in these same areas increased by 40% over the past two years. Cities that have seen these increases have been Bakersfield, Chico, Visalia, and Fresno in CA. Outside of CA, Las Vegas, Reno, Austin, San Antonio, and Dallas have experienced an influx of new people.

The bigger question from this article is that will this trend continue as long as homes in major metropolitan cities, such as New York and Los Angeles, continue to see major sales and rent prices increase? We shall see where the market shifts.

Jobless Claims Fall

Jobless claims fell to 232,000 in August, the lowest since June, where it fell by 5,000. As you can see in this chart, unemployment claims peaked in July 2022.

Geothermal Housing Community

A Texas housing community is geothermal-powered, which reduces energy consumption by 80%.

Check out the Hoopla app!

Hoopla was created by USC graduate Nicholas Hsu. You can book various health and wellness classes. I learned about this app at the recent USC alumni entrepreneurship week. Go Trojans! FIGHT ON!

Looking for Hiking Trails?

Check out the AllTrails app, which shows you the nearest hiking trail with full details of the hike. It even has a map of the trail, so you can't get lost!

Labor Days Events in LA

Looking for a good time this weekend?! Check out this site for Labor Day weekend events in LA.

Happy Labor Day! Enjoy the weekend with you and your loved ones! Thank you for all of your support!