What's the deal with Houston?

[Matthew Vedder]

Hi All,

I am new to real estate investment, and am trying to develop my ability to pick out of state markets. I've seen a lot of people recommend Houston as one of the best cities to invest in for a buy and hold strategy. However, it appears that the oil industry is the main driver of the economy in Houston. Given the current strong trend towards electric vehicles and phasing out fossil fuels, is Houston still a good market to invest in? I know that there are probably other sectors that would pick up the slack as the oil industry winds down, but would you risk it? I would love to hear the communities thoughts on this.

Thank you!

Matthew