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re: Houston - rent or buy
Posted on 6/6/14 at 3:11 pm to ffhouston
Posted on 6/6/14 at 3:11 pm to ffhouston
Yeah "if" Houston keeps adding 100k people, then things will continue to look great and no issues.
But to assume that will continue to happen is a rather simplistic way of looking at it.
I'm not saying it is going to bust. Just that prices in town will deflate when supply catches up to demand.
But to assume that will continue to happen is a rather simplistic way of looking at it.
I'm not saying it is going to bust. Just that prices in town will deflate when supply catches up to demand.
2
Posted on 6/6/14 at 3:51 pm to cjared036
quote:
Just that prices in town will deflate when supply catches up to demand.
I think it will be a long time before supply catches up with demand though. The demand is extremely high right now and the supply is limited. Houston inside the loop never felt the crunch the rest of the country did.
Posted on 6/6/14 at 4:43 pm to cjared036
Prices may flatten out, but I don't think the bottom drops out just because supply catches up
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