Apr 26
Why Texas Homes Didn’t Appreciate Much
A recent BiggerPockets.com article (by Jim Watkins) offers three reasons why Texas never saw appreciation to the same extent that other national markets did.
1. Lack of Union Presence (Cheap labor)
2. New Construction (Older homes have a hard time competing with so many new constructions)
3. No Geographic Limitations (Basically, the whole rule of supply and demand. If the supply keeps coming, the demand won’t be increasing.)
You can read the specifics about this article here. Interesting Stuff!
April 26th, 2008 at 12:30 pm
Jane - Thanks for the plug, but the article was actually written by Jim Watkins, one of our contributors. I hope you’re doing well!
April 28th, 2008 at 6:35 pm
Whoops! I’ll fix that right now!