They were supposed to deliver in October 2023 but kept saying there was a "wood shortage" in Tulum and they were having issues with the supplier.

It’s a rural area with a huge shortage of housing, regular and student, with a surge in enrollment numbers over the last 5 years.

There's well over a 1 Million bed shortage right now, and due to the aging 77 Million boomers, the demand for assisted living will continue to outpace supply by over 3.5X.

He acknowledged they were delayed for multiple reasons like crew shortages, financing not going through, delays in sales etc and that they could be more proactive on communication and updating the partners. 

Quote from @Kent Ford: Quote from @Jay Hinrichs: Quote from @Kent Ford: Quote from @Jay Hinrichs: the reasons you post.tax's  somewhat limited development regulations compared to other markets. work force   also close to Mexico and all the folks streaming in that need housing.building cost still lower than most of the country.Land forever .. no shortage sprawl is not a bad word.Political out look  conservative business friendly compared to West coast. 

These areas attract not only residents but also tourists and second-home buyers, maintaining high real estate activity year-round.While there is a slight dip in demand during winter, Southern California’s diverse economy, international appeal, and housing shortage make it one of the more stable markets for real estate investment.

There's always a shortage of deals in the market, specially now.Good news is that once you gain some traction, you'll be able to buy better lists, a power dialer and even hire a VA to help you find qualified seller leads (I run a call center for Real Estate).

I'm still getting into this.There is a serious shortage of any material about Capital Raising, even though that is a huge component needed for MF to work.

Here we still have a big housing shortage but then again you are in CA!  

I anticipate that we will continue to experience housing shortages in 20 years due to population growth.Ultimately, anyone who buys multifamily today and holds on will experience a great deal of generational wealth.