Thoughts on SpaceX's Starbase in Boca Chica, Texas?

Question

In case you didn't know, SpaceX won the NASA Human Landing System (HLS) $2.9 billion contract. Where will HLS be built? I'm fairly certain it's Boca Chica Texas (next to Brownsville) where the rest of the Starships are being built. Elon continues to push Starbase in Boca Chica to be a future space hub. I don't think there's a huge amount of housing that will meet demand for the future

https://www.theverge.com/2021/...
Since the contract is on hold for now, maybe this is the calm before the housing storm (across the next 5 years?). SpaceX won't stop it's Starship development regardless of contract status - a huge pro of being a private launch company. Would love to debate, learn and seek advice on investing in land, housing in an underdeveloped area that may get it's own little housing boom. Might also be an opportunity to develop turnkeys in that area? Let me know your thoughts! Feel free to shoot this down, it's a moderately speculative post.
Thanks!

Zach Stiegler · Answer

Sorry I misspelled Brownsville. Boca Chica is where Starships will be built, (East) Brownsville is where the housing may boom I think.

Ronald Rohde · Answer

Thats all fine for macroeconomic factors. If you buy now, will it cash flow to cover holding costs? Will you make more money buying in a different area without the speculative homerun of appreciation? I mean, I agree with the gain if demand materializes, but buying in a rural area is pure speculation.

Eric James · Answer

Are you talking about Brownsville? Or of the miles of sand dunes and flood plain around Boca Chica.

Bruce Lynn · Answer

You don't think they'll commute from the outpost on Mars?

Zach Stiegler · Answer

I believe it will cashflow because so many Boca Chica Starship engineers rent from hotels and haven't bought any properties. The program and staffing has to increase to support this and upcoming NASA Starship contracts. You can always make more somewhere else that's booming, but this location may be booming in the future. That's my curiosity of jumping in before the boom really starts. I'd imagine I would miss most booms and buy in after the bubble has already grown. I think there's some merit now outside of my speculation that shows increasing housing demand and SpaceX Starship contracts.

Thoughts on SpaceX's Starbase in Boca Chica, Texas?

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