If mass layoff's happen on extreme scale as your saying, that would be a VERY sizable recession economy.

While it is true this would help folks “unlock” some of the equity in their home since home prices/values have appreciated greatly in the last 3-4 years, it also means they will spend it somewhere into the economy and that means more pressure on inflation.

I like the idea of one day being able to invest in more "favorable" markets based on the current economy, job growth, local trends etc. 

If you can renovate you can pounce on something but I just get worried about the future economy up there.

Its easier to have investment success in areas with growth, as a rising economy raises all values. 

BTR is good for long term rentals but for construction economies of scale it's pretty bad. they need to be on the higher density side of built to rent communities greater than 10 units per acre in townhome styles without garages in my opinion. it's a slow model and the entitlements take forever, BTR communities are suburban mostly which have lower rents and thus lower values.

San Antonio has experienced steady economic growth, fueled by a diverse economy including sectors such as healthcare, military, tourism, manufacturing, and an overflow from the Austin market. 

Hi Bailey,I have a couple of suggestions...I just read this bigger pockets article that sums up the current market situation pretty succinctly:https://www.biggerpockets.com/blog/a-robust-economy-is-wreck...In short, it says it's pretty tough to get started right now.  

We fought for this for several reasons: 1. tourism is our main economy 2. there are an incredible amount of dilapidated homes that could be renovated and made beautiful if the investment return justified it (which STR in a beach town could) and 3.this is a family-friendly, lower-cost and now COVID friendly way to travel. 

That ought to keep the economy humming for a while.