Safe Bet?

[abbey1227]

Yahoo Finance
Housing CEO details 'the safest bet in real estate'
Rachelle Akuffo   Sun, May 1, 2022, 7:49 AM

When it comes to getting the best return on investment in the housing market, one real estate investor swears on student housing.

“I think that's the safest bet in real estate,” said Rogers Healy, CEO and Owner of Dallas real estate company Rogers Healy and Associates (video above).

The student housing market is what initially drew Healy to real estate: He gained his footing in the real estate market as an undergraduate at Southern Methodist University in 2001.

“If I could go do it all over again, I would have taken what I learned pretty early on as a college student about helping find my friends an apartment and I would have parlayed that into doing some development deals,” Healy said. “I think it's as guaranteed money as you can get, whether the school is paying for it, the parents are paying for it, or they have some kind of scholarship or stipend.”

University of California, Berkeley freshmen Sanaa Sodhi, right, and Cheryl Tugade look for apartments in Berkeley, Calif., Tuesday, March 29, 2022. Millions of college students in the U.S. are trying to find an affordable place to live as rents surge nationally, affecting seniors, young families and students alike. Sodhi is looking for an apartment to rent with three friends next fall, away from the dorms but still close to classes and activities on campus. They've budgeted at least $5,200 for a two-bedroom. (AP Photo/Eric Risberg)

The focus on student housing may seem counterintuitive given the drop-off in college enrollment during the pandemic and the increase in students taking a gap year. But Healy maintained that finding housing for undergrads is still "easy money."

"I know that right now, college applications are at an all-time low," he said. "But I think those trends are going to shift here in the next few years as well because people my age who went to college want their kids to go to college because we're getting older."

www.yahoo.com/finance/news/housing-safest-bet-in-real-estate-124932558.html

I think it's a relatively safe bet as it seems like once the Govt starts subsidizing something, the money just rolls in and prices tend to keep going up.