Is Des Moines growth really sustainable??

[Alexander Sobrado]

I've been really intrigued by the Des Moines are real estate market for some time now. Cap rates look great, crime is low, and the city itself seems to be booming as of late.  Seems like a great market for cash flow that has some strong appreciation potential. 

That being said, I don't quite "get it". Most places in the midwest the population is declining - my immediate concern is whether or not this type of growth is truly sustainable. According to some articles I've read (link to one below), immigration is the cause for most of the population increase. For those of you who see strong appreciation potential in this market - why do you believe it's sustainable? I am planning on making a trip soon but having never visited I couldn't really see myself wanting to live in an area like Des Moines. Interested to hear everyone's thoughts.

Thanks,

Alex

https://www.thegazette.com/IowaIdeas/stories/immig...