There are several reasons why building apartments in Texas might be a good strategy today:
1. Population growth: Texas has a large and growing population, with several major cities that are experiencing rapid population growth. This means there is a demand for housing, including apartments.
2. Strong job market: Texas has a strong and diverse economy, with a range of industries including energy, technology, and healthcare. This creates job opportunities and attracts people to the state, further increasing the demand for housing.
3. Affordable housing: Texas has a relatively low cost of living compared to other parts of the country, which makes it an attractive place to live for people on a budget. This can make apartment living a more affordable option for many people.
4. Favorable business climate: Texas has a pro-business climate, with relatively low taxes and regulations. This can make it easier and more attractive for developers to build apartments in the state.
Overall, building apartments in Texas is an excellent strategy today due to the combination of strong population growth, a robust job market, affordable housing, and a favorable business climate.