National migration patterns are heading to lower-cost areas. When northerners are picking where to go, MIA/FLL area is much more expensive than TPA.
They are? You sure about that? That’s certainly not what the data shows...
Yep - I'm sure. And the data backs it up.
That chart does not back up your point.
What it says is that people are moving from large cities where the spread between income and home price is low to cities where that spread is larger. Housing is only half the equation. Income is the other half and is the point I was making when I asked if you were trying to bring up disposable income. Knowing housing cost alone isn't enough to determine why a place is attractive or not to migrants, or propensity of residents to spend on air travel.
Here is a link to a list of US Metropolitan areas ranked by GDP per capita. The data is a few years old but should give some idea of economic activity and consequently salaries in various metro areas. http://en.wikipedia.org/wiki/List_of_U. ... per_capita
Since we've been discussing Miami along with comparisons to Charlotte, Denver, and Salt Lake City I will save everyone from having to go look for them in the link.
#22 Denver-Aurora-Lakewood $64,379 (of note Boulder, CO is #11 at $70,077 and undisputedly in the catchment area for DEN).
#31 Salt Lake City $61,809
#45 Charlotte-Concord-Gastonia $58,064
#103 Miami-Fort Lauderdale-West Palm Beach $48,140
#187 Tampa-St. Petersburg-Clearwater $41,222
Also of note, outside of GUM and its very unique near monopoly situation, UA does not have a hub in a metro area below #34 on that list. That's Chicago-Naperville-Elgin at $61,170. A hub in Tampa would definitely not fit United's strategy of being a higher cost, full service carrier that chases high dollar travelers in major markets.
It is a mistake to think you can solve any major problems with just potatoes.