austin number one again for real estate
https://www.foxbusiness.com/money/hottest-us-cities-real-estate-money-and-why
Just another news outlet stating the obvious.
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People have been saying I would have bought in Austin before prices went way up for over 30 years. See this trend? It is not icing on the cake. It is the way this particular city's economy is set up. Huge government and university job base help support any downfall from any other industry or even a housing crisis. Experts see and understand this and that is why, even with all our price escalation the last 5 years and lack of significant positive cash flow they still rated Austin the #1 place to invest in 2019. Not 2015, not #10, #1 in 2019 and it is because your return on investment is projected higher and less risky here than any other city in the nation. It still isn't for everyone. Some people live on the cash flow. I point them to the Midwest. But for the best investment city to make the most money in the long run, the experts have picked Austin.
- Dan Burstain
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