Jan 18, 2019
Are you continuing to acquire assets in 2019? What about in Texas or more specifically, Houston?
In this quick episode we discuss what what Mark Dotzour forecasts for the workforce housing sector of MF assets.
He's predicting the market to continue to be strong in Houston and Texas as a whole. For Houston, he mentioned that because of the 2015-2016 oil bust and 2017 Harvey, Houston has already gone through its recession.
One key point he mentioned was Class B/C workforce housing in Houston is in a negative supply state. Developers only build Class A properties and there is huge demand for B/C properties.
Whether you continue to pursue deals in 2019 or not, Houston... and Texas overall may be a market for you to consider.