Reply #5: You will be the new Seattle

[JuniperLea]

In the 80's, tons of people from California sold their homes making huge profits and then moved north, bringing price wars with them. Bid on top of bid... highest bidder wins and the neighborhood gets a boost. Then everyone who grew up in the area and had hoped to make it their home can no longer afford to live in their home town.

The only thing that might save you and your city is that the property tax revenue will go up. You just have to make sure the people in control of the city's purse strings use that money to build roads, upgrade water supplies, etc.