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Updated about 10 years ago, 12/15/2014

User Stats

86
Posts
7
Votes
Mason V.
  • Investor
7
Votes |
86
Posts

What makes a good buy & hold city?

Mason V.
  • Investor
Posted

I am currently researching cities in Oregon and Washington. My primary strategy will be buy and hold, as a 14on/3off truck driver rehabbing would be difficult. In order to pursue this I am looking for cities with growing populations over 10k, with an average age below 40, stable long term employers and an average household income of under $50k. What am I missing and are any of these wrong?

I know the population cut off is generally 50k, but Oregon doesn’t have a whole lot of those. By 40 I presume people will be tired of renting and finally want to purchase their own home. With employment I can’t have a whole lot of instability. Finally, I can’t imagine too many people making over $50k and not owning their own home.

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