I am a big believer in marriage & family formation, but I'm heavily against society's way of developing children and the eventual adults these little ******** have become.

While more development did happen over the last few years from development projects started in 2021 and 2022 when rates were lower and developers could outlast supply chain issues, the upcoming supply is expected to drop again, as we will discuss later on, with the relatively sharp rise in interest rates that has dried up investment capital due to the fear in the market, sellers opting to hold out on their land and or properties until cap rates and interest rates subside again as is expected in the coming years, as well as banks being cautious to lend on real estate due to this sharp rise putting many projects that were started in 2021 suffer greatly from a 7x increase in rates over the following 40 months that had adjustable rates or 5-year terms which is very common in larger multifamily investing.

In some cases, federal tax credits like those for low-income housing or economic development might also apply if the project aligns with certain goals.Instead of buying the land outright, developers often lease it from the tribe, which can reduce upfront costs and sometimes come with favorable lease terms.

I'm a Realtor and General Contractor with years of experience in Redding, buying, selling and developing properties; and will be happy to answer any questions you have about the market, the area, types of properties, etc.

The Greater Phx area also has more places to expand, but be cautious of "island" developments that are separated from bigger cities. 

As you develop the park I would strongly recommend your homes be individually metered for water, sewer expense prorated and garbage paid by tenants via individual can service. 

It’s a numbers game."

Nick, love to see you getting back in the game!

With rent control in NJ, yeah, it’s mostly a waiting game if tenants don’t leave.

I'm thinking about investing into section 8  housing in STL and I'm new to this game.