They would need to be surveyed and have access roads built before being worthy of purchasing.Which would be time consuming and costly.

The March 2024 market report from the Austin Board of REALTORS® shows that the median home price in the City of Austin rose modestly by 2.7% to $564,995 over the past 12 months.

Prior to the pandemic, Florida’s price appreciation was fairly modest (as measured by the median listing price, which is far from perfect).

Also, we have no consumer debt, car loans, or student debt.

Meanwhile, pending sales decreased by a modest 0.3 percent, settling at 4,196.

@Patrick Fraire if I could overlay that with properties for sale that would be awesome, unfortunately its super time consuming to flip back and forth between the Riverside map and a map of properties for sale (and many of the potentially interesting ones are right near the borders).

Of course most of the time is just the inability to manage consumer debt..

There are limitations based on the Consumer Price Index.

While it is modestly sized and there have not been any deliveries or demolitions in the past decade, there has been some sales activity.

My units exceeded the reported average occupancy in each of their areas (by a modest amount).