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Multi-Family and Apartment Investing

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Robert Rixer#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Chicago, IL
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149
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Taking Bets on Highest Appreciating Major Markets in the Next 5 Years

Robert Rixer#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Chicago, IL
Posted Mar 13 2024, 12:34

As I'm only truly exposed to my local market, I'm curious what people think is the most undervalued major market at the moment compared to 5 years from now and WHY. 

Keep it to the top 30 major metro markets (Austin is 30th, so nothing smaller), here is the full list. https://www.thoughtco.com/largest-metropolitan-areas-1435135. Providing BP doesn't go out of business, it will be interesting to look back on this in 2029 and see who was right/closest.

Personally, I think it's easy to go with Florida or Texas city, but they appear to already have a lot of the near term appreciation built in to today's prices. I'm going to go with a dark horse and say Minneapolis-St Paul. My reasoning is Midwest cities are often overlooked, downtown hasn't fully recovered from 2020 yet and it quietly has a lot of new construction, expanding suburbs and has major corporate headquarters (Target, Best Buy, 3M).


P.S. I'm a cash-flow investor not a speculator so this is purely academic

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