Where would you have invested in real estate in 1999

[MAROON79]

i bought a 3/2 on a 7000sf lot in west u in 1993 for $170k....wish I had bought 10 of them.

[cheryjohns]

Originally Posted by chris_ut

Buy 10 houses in Oak Forest for $60,000 each, sell them today for $200,000 each.

I second Oak Forest, east of TC Jester, at least 1500 sf, but really up that sales price.

[txdemo]

Let's not leave Shady Acres off this list. I'd have bought every trailer park I could.

[aimeenp]

So we need to make sure my grandma holds on to the Sharpstown house is what you are saying? She lives near Jane Long middle school.

[PedroMartinez]

Real estate? No, I'd be snapping up shares of Enron.

[Scientific]

The old man had some chances at buying a few in the heights in the late 90s. Kicking himself for not ever pulling the trigger.

Wonder what we'll say 20 years from now?

[aimeenp]

Our family's previous generations have had bad luck with this, owning part of what is now the Kemah Boardwalk, in the Heights and West U, and selling all of those before they blew up!

[NTexas2010]

Originally Posted by Scientific

The old man had some chances at buying a few in the heights in the late 90s. Kicking himself for not ever pulling the trigger.

Wonder what we'll say 20 years from now?

I thought about posing the initial question with respect to what you would do in 1994 and make this a two-decade thing, but went with faux-turn-of-the-millennium instead.

If you wanted to get really ridiculous you could go three decades back to 1984 and buy up in the midst of the oil bust (not 100% sure the exact year of the bust, per se, but I imagine 1984 might have been right around that time.) Basically the answer would be "everything besides Alief".

[Black Jack22]

Any market or submarket where the jobs and population were increasing.

[Oildog]

This is a chat room issue.