Attorney · Dallas, TX · Member since 2016 · 5k+ posts · 2k+ votes
8y
I believe it. There will be a new equilibrium of people fleeing high tax jurisdictions once the new governments there reduce taxes. Until then, they will keep on coming!
Attorney · Dallas, TX · Member since 2016 · 5k+ posts · 2k+ votes
8y
I believe it. There will be a new equilibrium of people fleeing high tax jurisdictions once the new governments there reduce taxes. Until then, they will keep on coming!
Lender · TX · Member since 2018 · 936 posts · 713 votes
8y
@Andrew Postell It is crazy. I don't think we are quite at that level yet but I do like seeing the revitalization being done in both downtowns and the draw of big business.
@Preston L'Ecuyer I am in the old school of thinking about not buying anything that doesn't cash flow. Even if we are seeing great appreciation, I will never bank on appreciation even if it is greater than inflation. Just out of curiosity, were you ever able to make that duplex in Arlington work? It seems like the ask just needed to be negotiated down a little.
Investor · Glendale, AZ · Member since 2015 · 25 posts · 9 votes
8y
Phoenix's Maricopa county grew the fastest last year with over 78,000 new residents. I wonder if Phoenix is becoming buy and hold as well. The supply is at 2.2 months and slow declining.