Suburbs for long term ROI

[Karan Rekhi]

How do you rank the suburbs in terms of appreciation and rent growth in next 10 yr - 1) Alpharetta GA 2) Tampa FL 3) Denver CO 4) Henderson NV 5) Nashville TN?

I want to buy a typical 3 to4 bedroom intoplus bathroom single family home in a good school neighborhood .

[Ben Rhodin]

Hey @Karan Rekhi! As Brett above, I can only speak to the Denver, and greater Colorado markets. We are incredibly stable as far as growth and have a very strong diversified employment scene between Boulder, Denver, and the other major colorado cities. There are not a lot of areas in the nation that provide as much diversity and year-round enjoyment either as Colorado, which is another reason we have seen a great bit of increase in remote workers moving here. The surrounding cities of Denver (Arvada, Wheat Ridge, Englewood, Lakewood, etc) and some certain pockets are ripe for future development and increased appreciation, and you can avoid Denver city, which is pretty tapped out, and also getting less and less landlord friendly. 

We can easily see the stability of the Denver market, from past years, especially during the Great Recession, where we dropped only about 15% over the course of the recession, versus the national 33%. So we have the data to back up Denver being a very stable market, and even with the craziness that was the last couple of years, we still have not gone negative YOY in terms of average home prices. We will probably see a slow down for at least the next year, but I doubt we see prices decline.