I’m reading 25 billion for tenants.

https://www.har.com/content/newsroom/Houston Real Estate Highlights in November:• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; • The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; • Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; • Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.

Apple, Amazon, Samsung, Tesla, Google, UT Medicial, all have billion dollar Austin expansions in the works or in progress. 

Ecommerce sales in the United States totaled about $60 billion from Thanksgiving through Cyber Monday, a 22% increase compared to the same period in 2019, according to Salesforce.com.

Northwest Austin’s booming tech corridor is about to grow even more.A 129-acre office campus adjacent to Apple’s $1 billion office campus, currently under construction on West Parmer Lane, plans to add 800,000 square feet of office space, along with 1,800 apartments, 80,000 square feet of retail, and a 340-room hotel.The existing office campus, called 7700 Parmer, is currently occupied by A-list tech tenants such as PayPal, eBay, Electronic Arts, and Polycom.

(Nasdaq: TSLA), Musk's electric vehicle company, is building its $1.1 billion "gigafactory."

Another merit might be you can transfer absurd value amounts (billions) for a couple bucks.  

He said he was almost positive that you DO need a real estate/broker's license to run a property management company of any type, but he was going to consult the books one more time so that he could charge me a billion dollars per hour to find out something really basic.

Intel would have to shudder  15 billion worth of fab plants..

Here are some excerpts:"All-cash transactions have come to account for a quarter of all residential real estate purchases, “totaling hundreds of billions of dollars nationwide,” the Financial Crimes Enforcement Network – the financial crimes unit of the federal Treasury Department, also known as FinCEN – noted in a 2017 news"also from the article:“It reminds me of Moldova after the fall of the Soviet Union: oligarchs running wild, stashing their gains in buildings,” James Wright, an attorney and former Treasury Department bank examiner, told me.