Biggest reason for investing in Tracy is that a lot of folks from the Bay Area (Silicon Valley) are migrating out of the valley, and moving to the Central Valley.

This map is a specific era and an aggressive migration, we'll see it retrace pretty strongly in 2023-2024 but I think 2025 forward it'll trend back to this but a lot, lot slower. 

I use different tools to track the migration of people, birth and death rates, jobs created, economic growth, occupancy, absorption, rents, etc. 

I've migrated into business brokering, so I have no dog in this hunt. 

I think our biggest issues right now stem from a combination of lack of inventory and migrations from states like CA. 

@Stephen Stefanini we're migrating over to Ciirus which is a much more complete PMS.

Thus, there is a strong trend for people to migrate from the rest of Michigan into the Haslett/East Lansing area.Interstate, this trend extends also to people from outside MI who are relocating to jobs in Lansing, Flint, Dearborn, and even farther away from Haslett, in Detroit.

Things like Migration of people, placing demand on housing needs versus the supply of housing.

We still have strong in-migration, a popular university which keeps demand for housing high and stories of people who are telecommuting to the Seattle area for work as housing is much less expensive in Bellingham than Seattle.

DemographicsIn regards to Demographic Trends: Also Check Out this post Population Growth and Migration Patterns - Rust Belt to Sunbelt.