Revised Population Counts

I just read the recently published article in the East Valley Tribune, Arizona dealing with inflated population counts (click the name to get the full article).

My only comment to this article is that there are always 2 ways to look at anything you read. Pessimistic or optimistic. The article is very pessimistic in nature and instead of saying that we grew by 83,000 people, which is still in the Top 10 for population growth, it focuses that it is 19% less then projected.

Last time I checked, projected is just that, a projection. These new 83,000 residents are going to have to have a place to work, live and shop. All of which help with the fundamentals of CRE.