More Accolades for Nashville

[Nashville Cliff]

Report finds Nashville's share of college educated residents rises more than any large metro in past decade - Nashville Business Journal (bizjournals.com)

[markhollin]

Nice feature in Rolling Stone about theExit/In turning 50 years old:

https://www.rollingstone.com/music/music-pictures/exit-in-nashville-book-1297654/

[fishsticks176]

I randomly met the director and was interviewed for this French documentary about Nashville a couple years ago. Looks like I didn't make the cut, but it was just released this week:

 

[Flatrock]

On 2/19/2022 at 6:28 PM, fishsticks176 said:

I randomly met the director and was interviewed for this French documentary about Nashville a couple years ago. Looks like I didn't make the cut, but it was just released this week:

Loved watching that! Thanks for sharing! Always fascinating to see our culture reflected through the eyes of another, very different culture. 

And from the title, one can surmise the focus is rather biased (towards music) - and narrow. That's true, but I found it fascinating.

Talking with the French owners of Once Upon a Time in France recently (an East Nashville French bistro), I gained some interesting perspective. They've been here a few years, they're quite cosmopolitan, and (they said) it's their favorite place, by far, to have ever lived. 

Edited February 21, 2022 by Flatrock
Clarification

[markhollin]

Nashville is ranked the #3 American Real Estate Market to Invest In for 2022 by CrowdStreet.

[jmtunafish]

On 2/19/2022 at 6:28 PM, fishsticks176 said:

I randomly met the director and was interviewed for this French documentary about Nashville a couple years ago. Looks like I didn't make the cut, but it was just released this week:

 

That is one of the best examinations of Nashville I have ever seen.  I'm half French so this was particularly enjoyable for me.  (It was great to see Kiefer Sutherland sing country music AND speak French.)  I think the narrator did a good job showcasing what makes Nashville Nashville.  One thing he said over and over again that I don't necessarily agree with is that Nashville's growth is because Tennessee doesn't have a state income tax.  That seems a little simplistic although it's certainly a factor.  And holy cow, that hot dog vendor on Broadway makes $450/day??  I'm in the wrong business.  Anyway, the hot dog vendor was interesting in that he was shown dancing on the sidewalk with some other guy, and later he told the interviewer that the guy he was dancing with was some big shot music producer.  The narrator used that to illustrate that there's probably more musical talent per square meter in Nashville than anywhere else on the planet, and that any random stranger you see on the street could be a high powered music producer or some other influential person in the music industry, or even a music star.  It was a very, very positive documentary.

In one of the vignettes, he interviewed some farmers who were able to stop the construction of a shopping center, but he didn't say where that was.  I don't recall hearing anything in the last few years of some large shopping center around Nashville scrapped because of opposition from area farmers.

Anyway, thank you for posting this.  I know some people don't believe me when I say this, but Nashville really is well known in Europe, particularly in France.   As this documentary shows, for a French person, Nashville is iconic and has become the epitome of an American success story:   a fast growing city where all dreams are possible (Nashville:  une ville où tous les rêves sont possibles are the final words of the video:  "Nashville:  a city where all dreams are possible").

[markhollin]

Nashville ranked #4 in Southern Living Magazine's 2022 South's Best Cities list.

https://www.southernliving.com/souths-best/cities?utm_source=Sailthru&utm_medium=email&utm_campaign=2022.03.10+NASH&utm_term=NASHtoday+Subscribers+-+MASTER&slide=b6b9921d-c16b-4154-881a-73d8ce526d1f#b6b9921d-c16b-4154-881a-73d8ce526d1f

[smeagolsfree]

Someone needs to hack the internet and trash that image of Nashville’s skyline.

[BnaBreaker]

The 3rd best city in The South in 2022 is Nashville from 1997?  

[markhollin]

Nashville ranked the #1 Music City in the United States by Clever:

https://listwithclever.com/research/best-music-cities-2022/?utm_source=Sailthru&utm_medium=email&utm_campaign=2022.03.11 NASH&utm_term=NASHtoday Subscribers - MASTER

[markhollin]

John Calipari — the University of Kentucky basketball coach who ranks among the most high-profile personalities in all of sports — has purchased a home in Nashville.

Calipari and wife Ellen Calipari paid $2.8 million for the 0.38-acre residential property, with an address of 1901 Sweetbriar Ave. in the Belmont-Hillsboro neighborhood. His daughter works at Vanderbilt University.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/calipari-buys-nashville-home/article_5fb9c5c0-a2f7-11ec-817f-bf9bed3234e8.html

[markhollin]

Nashville’s business and convention travel is roaring back, the city’s chief tourism official said.

Although conventions aren’t setting any size records, the sector has normalized as of two weeks ago, Butch Spyridon, president of the Nashville Convention & Visitors Corp., said at the March 10 Vanderbilt Project Management Symposium.

“From this point forward, we are full steam ahead. We will set some records for this fiscal year, and we will continue to fire on all cylinders,” he said.

Indeed, the city has already booked eight more conventions, 28, for this year than it did for the entirety of 2019, according to data from the Visitors Corp.

Hotel room revenue, an indicator of business, convention and leisure travel, is also expected to total $1.58 billion this fiscal year, according to an STR forecast. That number, more than double last year’s sum, would mark a new record.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/03/15/spyridon-comments-on-convention-travel.html?cx_testId=40&cx_testVariant=cx_34&cx_artPos=0#cxrecs_s

[Bos2Nash]

2 hours ago, markhollin said:

Nashville’s business and convention travel is roaring back, the city’s chief tourism official said.

Although conventions aren’t setting any size records, the sector has normalized as of two weeks ago, Butch Spyridon, president of the Nashville Convention & Visitors Corp., said at the March 10 Vanderbilt Project Management Symposium.

“From this point forward, we are full steam ahead. We will set some records for this fiscal year, and we will continue to fire on all cylinders,” he said.

Indeed, the city has already booked eight more conventions, 28, for this year than it did for the entirety of 2019, according to data from the Visitors Corp.

Hotel room revenue, an indicator of business, convention and leisure travel, is also expected to total $1.58 billion this fiscal year, according to an STR forecast. That number, more than double last year’s sum, would mark a new record.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/03/15/spyridon-comments-on-convention-travel.html?cx_testId=40&cx_testVariant=cx_34&cx_artPos=0#cxrecs_s

All the more reason the Nashville Convention and Visitors Corporation should help finance any potential stadium deal.

[FluffyP13]

2 hours ago, markhollin said:

Nashville’s business and convention travel is roaring back, the city’s chief tourism official said.

Although conventions aren’t setting any size records, the sector has normalized as of two weeks ago, Butch Spyridon, president of the Nashville Convention & Visitors Corp., said at the March 10 Vanderbilt Project Management Symposium.

“From this point forward, we are full steam ahead. We will set some records for this fiscal year, and we will continue to fire on all cylinders,” he said.

Indeed, the city has already booked eight more conventions, 28, for this year than it did for the entirety of 2019, according to data from the Visitors Corp.

Hotel room revenue, an indicator of business, convention and leisure travel, is also expected to total $1.58 billion this fiscal year, according to an STR forecast. That number, more than double last year’s sum, would mark a new record.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/03/15/spyridon-comments-on-convention-travel.html?cx_testId=40&cx_testVariant=cx_34&cx_artPos=0#cxrecs_s

Speaking of conventions, just saw it's down between Nashville and Milwaukee to host the RNC in 2024.

[Binbin98]

4 hours ago, FluffyP13 said:

Speaking of conventions, just saw it's down between Nashville and Milwaukee to host the RNC in 2024.

There is no way they are going to pick Milwaukee. Nashville is a known party city with much more to do. At least in my opinion anyways

[MLBrumby]

Except the Republicans need Wisconsin. They already have Tennessee. I actually think Milwaukee will get the RNC. And if you live in Nashville, you should hope all the trouble of having a political convention in your city goes to Milwaukee. I've lived in cities that have had big events, and they're not fun... and Nashville does NOT need the "favorable" press. 

[markhollin]

Airbnb has ranked Tennessee the No. 7 state in the nation for new host income. New Tennessee hosts earned $60 million in 2021 out of the $1.8 billion in overall new host income last year.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/03/17/tn-ranks-highly-for-new-airbnb-income.html?utm_source=Sailthru&utm_medium=email&utm_campaign=2022.03.18 NASH&utm_term=NASHtoday Subscribers - MASTER

[nashvylle]

2 hours ago, markhollin said:

Airbnb has ranked Tennessee the No. 7 state in the nation for new host income. New Tennessee hosts earned $60 million in 2021 out of the $1.8 billion in overall new host income last year.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/03/17/tn-ranks-highly-for-new-airbnb-income.html?utm_source=Sailthru&utm_medium=email&utm_campaign=2022.03.18 NASH&utm_term=NASHtoday Subscribers - MASTER

destroying neighborhoods and making Nashville more unaffordable on host at a time. 

[GreenHillsBoy]

Very likely for his daughter who teaches at Vanderbilt, or after last nights embarrassing loss maybe he knows something about his status at KY.

[markhollin]

Nashville ranked #7 Opportunity Magnet (attraction for job hunters) in nation by LinkedIn.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/03/22/nashville-a-top-city-for-job-hunters-according.html
 

[Armacing]

On 3/18/2022 at 10:32 AM, nashvylle said:

destroying neighborhoods and making Nashville more unaffordable on host at a time. 

On the contrary,  AirBNB is  saving the Nashville tourism industry by providing a service that hotels do not and providing a political counter-point to the big-money interests of the hotel lobby.  AirBNB has supported the continued construction of new, more dense, housing stock within the central city. 

Every former resident who has sold their SFH lot so it could be re-developed into 2 or 3 "tall-skinnies" did so voluntarily and pocketed a nice profit in the process... so just how does that make a neighborhood "unaffordable"?  If your answer is "Because it raises the property values and makes property taxes go up" then my response to you is "Then it's the Metro Government making the neighborhood unaffordable, not private land owners".

If your answer is "It drives up property values so that *new residents* can't afford to move into the central city" then my response to you is "Nobody is guaranteed the right to buy an affordable house wherever they want".

If your response is "It drives up property values and that raises the rent for people that don't own the homes they are living in" then my response to you is "They are renting, meaning they are just there temporarily... Nobody is guaranteed the right to continue to live in the same rental property without the rent ever going up".

The construction driven by AirBNB is re-vitalizing neighborhoods, adding to the overall available housing stock, increasing density, and providing a profitable income to people who willingly invest in Nashville housing.  The city's limitations on AirBNB are a violation of private property rights that is short-sighted, self-destructive, and most likely a corrupt anti-competitive policy driven by the vested interests of the hotel industry.

[ruraljuror]

1 hour ago, Armacing said:

On the contrary,  AirBNB is  saving the Nashville tourism industry by providing a service that hotels do not and providing a political counter-point to the big-money interests of the hotel lobby.  AirBNB has supported the continued construction of new, more dense, housing stock within the central city. 

Every former resident who has sold their SFH lot so it could be re-developed into 2 or 3 "tall-skinnies" did so voluntarily and pocketed a nice profit in the process... so just how does that make a neighborhood "unaffordable"?  If your answer is "Because it raises the property values and makes property taxes go up" then my response to you is "Then it's the Metro Government making the neighborhood unaffordable, not private land owners".

If your answer is "It drives up property values so that *new residents* can't afford to move into the central city" then my response to you is "Nobody is guaranteed the right to buy an affordable house wherever they want".

If your response is "It drives up property values and that raises the rent for people that don't own the homes they are living in" then my response to you is "They are renting, meaning they are just there temporarily... Nobody is guaranteed the right to continue to live in the same rental property without the rent ever going up".

The construction driven by AirBNB is re-vitalizing neighborhoods, adding to the overall available housing stock, increasing density, and providing a profitable income to people who willingly invest in Nashville housing.  The city's limitations on AirBNB are a violation of private property rights that is short-sighted, self-destructive, and most likely a corrupt anti-competitive policy driven by the vested interests of the hotel industry.

None of this makes sense to me. 

If an Single Family Home is replaced by 3 tall skinnies that are all intended to be used as AirBNBs, then we haven't really increased the housing stock - all we've done is essentially increased the 'hotel' stock.  If that's the case (and/or the goal) then why not just allow a 3 story hotel on that lot instead of 3 tall skinnies - then we'd get even more hotel stock out of the deal and greater ROI as well. Potentially even better yet from an ROI standpoint, why not build a 3 story Honky Tonk there or a 3 story strip club, or a shooting range, or maybe we should go down instead of up and dig out a limestone quarry on the lot instead? Maybe we could even bury toxic waste in the pit after we've extracted all the value for an ROI sweetener on top. 

Where does it end? Property rights are not absolute for obvious reasons.

[PruneTracy]

2 hours ago, Armacing said:

On the contrary,  AirBNB is  saving the Nashville tourism industry by providing a service that hotels do not and providing a political counter-point to the big-money interests of the hotel lobby.

I'm not trying to start something but I don't know if I would contrast AirBNB with big-money lobbies. Its revenue puts it at the same level as the mid-sized hospitality companies.

It's a bit like saying Uber provides a political counter-point to the big-money interests of the taxi lobby; while not exactly inaccurate it paints a picture of David vs. Goliath when in reality it's more like Godzilla vs. Mothra (with not-so-subtle implications to the fate of the city and its residents).

Besides that, many of these Silicon Valley companies who began life with what I'll generalize as "don't be evil" mission statements are not really living up to their creed. I don't really trust AirBNB to act in the best interests of Nashville residents any more than I trust, for example, Hyatt Hotels Corp.

[Rick Dalton]

Nashville metro >2 million population 

[Pdt2f]

5 hours ago, Armacing said:

On the contrary,  AirBNB is  saving the Nashville tourism industry by providing a service that hotels do not and providing a political counter-point to the big-money interests of the hotel lobby.  AirBNB has supported the continued construction of new, more dense, housing stock within the central city. 

Every former resident who has sold their SFH lot so it could be re-developed into 2 or 3 "tall-skinnies" did so voluntarily and pocketed a nice profit in the process... so just how does that make a neighborhood "unaffordable"?  If your answer is "Because it raises the property values and makes property taxes go up" then my response to you is "Then it's the Metro Government making the neighborhood unaffordable, not private land owners".

If your answer is "It drives up property values so that *new residents* can't afford to move into the central city" then my response to you is "Nobody is guaranteed the right to buy an affordable house wherever they want".

If your response is "It drives up property values and that raises the rent for people that don't own the homes they are living in" then my response to you is "They are renting, meaning they are just there temporarily... Nobody is guaranteed the right to continue to live in the same rental property without the rent ever going up".

The construction driven by AirBNB is re-vitalizing neighborhoods, adding to the overall available housing stock, increasing density, and providing a profitable income to people who willingly invest in Nashville housing.  The city's limitations on AirBNB are a violation of private property rights that is short-sighted, self-destructive, and most likely a corrupt anti-competitive policy driven by the vested interests of the hotel industry.

I may have been a bit more open minded about this but having just finished a brutal home search I’m just done with the rental companies and investors, including AirBNB. What’s the point of more housing if those companies are pricing out anyone who isn’t moving from a $2 million home sale in California. Funny thing is that everyone I know who lives in Davidson county wants to get out of Davidson county for a variety of reasons, some I see the merit in and some I think are idiotic. We actually wanted to stay, but still ended up buying in Sumner county because almost anything reasonably priced that would be worth buying in Davidson has been snapped up by carpetbagging companies like ABnB. If it’s not them its the investors. I saw one house that sold on 2/3/2022 for $300,000, and then was put back on the market on 2/24 for $375,000. Literally nothing was done to merit this, someone just wanted to make quick money. Tens of thousands of potential homebuyers were priced out of this house over a 3 week period due to one person or organizations greed. You may say, whelp that’s the free market, and maybe you’re right. I just don’t care anymore.