Invest in South Beach?

“This fall, I’m going to take my talents to South Beach and join the Miami Heat” (Lebron James)
This is considered the most debated free agent deal in sports history. Even president Obama has some words on it.

Lebron James decided to join the Miami Heat along with Dwyane Wade and Chris Bosh one day after the Wade and Bosh deal to sign the Heat. If anyone who does not follow Basketball, these three fellows are the top 10 players in the NBA league ( Lebron is considered the best to many NBA analyst).

According to the Associate Press, before the Cleveland Cavaliers (the team Lebron played for for the past 7 years) drafted Lebron James, the city is quiet on the street after work and the arena rarely is 50% full during a Cavalier game. After Lebron's arrival, games are mostly sold out and bars and restaurants are packed with people during a Cavalier game. This is what Lebron has changed the city.

Currently, Lebron has moved to South Beach and saying the three trio will form their own Hollywood in Florida. How is this going to help the economy in Miami?

I believe there will be great benefits to the city. More people who love basketball will move to or travel to Miami who has a great potential to win a championship or more. Also, more tourists will choose to stay in Miami longer when they go on cruise to Bahama's or the Caribbean Sea and enjoy the basketball fever.

Since more tourists will come, the demand for houses will increase, here should be great opportunities over there and investing in real estates in downtown and South Beach area will be a choice right now before the basketball season starts.

Check it out and see.

Thanks

MC