Houston Texas ( vacancy rate and hot real estate)
Hi everyone , I have some question regarding the Houston Texas before I jump into my first turnkey purchase.
In the media shows it has 10% vacancy rate on Texas and in downtown area some reaches 40%. Those numbers are unusual high compare to New York City where I am familiar with.
Now at same time the medias says Houston Texas are one of the hottest market right now to invest.
How they are both so contradictory ?
Can any local expert explains please?
Thank you!