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Forum » Is Texas a good investment right now for real estate?
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Thread: Is Texas a good investment right now for real estate?

post 1696530663 01-17-2024, 01:10 PM
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Is Texas a good investment right now for real estate?

I'm looking at some real estate investments in Houston, and want to know if anyone here has any good facts they can provide. From what I can piece together Houston has a steady and constant population growth, it's got a good and robust economy with more and more corporate HQ's heading there, and a super diverse food scene.

Can you texas brahs elaborate a little?

Thread is not designed for a "fuk texas" type of response - I LOVE texas, I'm only looking for where to make the best real estate decisions right now.

Time horizon is 5-10 yrs.
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post 1696531733 01-17-2024, 01:39 PM
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  1. DrunkonMilk
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What kind of real estate? Single family? Multi family? Commercial? NNN?
http://forum.obnoxiousbrutes.com/showthread.php?t=159810801
post 1696532163 01-17-2024, 01:49 PM
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  1. Zelensky
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Houston is a swampy dump that got filled with AAs after Hurricane Katrina. It's commercial real estate market has tanked more than literally any other city in the country, the quality of life is trash, and the best part about Houston is that its airport allows you to leave to almost anywhere else at a moment's notice.

0/10 would not recommend. Or as Hunter S. Thompson put it more eloquently:
Houston is a cruel, crazy town on a filthy river in East Texas with no zoning laws and a culture of sex, money and violence. It's a shabby, sprawling metropolis ruled by brazen women, crooked cops and super-rich pansexual cowboys who live by the code of the West -- which can mean just about anything you need it to mean, in a pinch.
post 1696532233 01-17-2024, 01:51 PM
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Originally Posted By Zelensky⏩
Houston is a swampy dump that got filled with AAs after Hurricane Katrina. It's commercial real estate market has tanked more than literally any other city in the country, the quality of life is trash, and the best part about Houston is that its airport allows you to leave to almost anywhere else at a moment's notice.

0/10 would not recommend. Or as Hunter S. Thompson put it more eloquently:
LMAO I live in Denver, which is the exact same description.
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post 1696532363 01-17-2024, 01:54 PM
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Also curious about Ft. Worth.
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i can bench press 135 pounds on a good day
post 1696532433 01-17-2024, 01:57 PM
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Real estate everywhere will be 50% higher within 10 years
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post 1696532813 01-17-2024, 02:07 PM
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Originally Posted By ThatGuy950⏩
Real estate everywhere will be 50% higher within 10 years
Which will outpace wage growth so I'd like to beat the wave of people moving to affordable cities then stand over my enemies graves saying "I told you so".
6'5 220
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post 1696532913 01-17-2024, 02:08 PM
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wait till election unless you wana gamble whether they steal from trump
post 1696532983 01-17-2024, 02:09 PM
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No....Texas was a good investment 10 years ago.

You missed the bus and will most likely be buying near the top.
post 1696533003 01-17-2024, 02:09 PM
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Originally Posted By MarinoMike⏩
Which will outpace wage growth so I'd like to beat the wave of people moving to affordable cities then stand over my enemies graves saying "I told you so".
Yeah money printing will never stop
Coincel
Florida crew (lol at coldcels)
post 1696538983 01-17-2024, 04:56 PM
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Give Biden some more time to ruin the economy so the bottom falls out of the housing market.

We all know its not an if it happens thing but a when.
"To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
post 1696539303 01-17-2024, 05:04 PM
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No don’t invest in real estate it’s going to crash 60% by March 2022 -Nostradumbass, OliverHeldens, Woofiesomthing

Originally Posted By ThatGuy950⏩
Real estate everywhere will be 50% higher within 10 years
Probably three years. Wage/price spiral and cost/push on the supply side just getting underway.
post 1696539813 01-17-2024, 05:16 PM
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  1. manmore350
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Ive been thinking about real estate investments myself - but right now the market is terrible apparently. No one is buying, no one is selling, mortgage / interest rates are very high. Ive heard from my smart finance friends that its best to sit on the sidelines right now - wait for interest rates to go down, or a market crash.
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