What is the best city for multifamily apartment investing? Why?

[Alan Charles]

To all you multifamily investors. What would be the best city to invest in Multifamily apartments and what do think makes it good? Can anyone give me 10 reasons why any city is the best for investing in multifamily.

[Brian Burke]

Houston also created over 83,000 jobs last year, and led the nation in population growth. All the while, construction of new Multifamily is at a multi-year low while absorption is high. Forecasted rent growth and occupancy gains are impressive. I point all of this out because it illustrates how these various "top ten lists" don't tell the whole story. There are a large variety of indicators that must be analyzed in order to paint a picture of opportunity.

To add to the difficulty, data points like the CNBC report are typically on a macro level. There are localized pockets within Houston that far outperform the macro-level overview.