Reported 6 months ago
Business Insider reported that investor Kyle Bass is focusing on real estate investments in Texas, Florida, and Tennessee to take advantage of migration trends towards lower-cost states. Bass believes these states will benefit from the movement of workers and companies seeking more affordable markets, as shown by population growth in these areas. Additionally, Bass is expanding his holdings to capitalize on environmental mitigation opportunities, establishing a private equity firm to sell federal credits. His investments in rural land are not only driven by price appreciation but also seen as a hedge against economic uncertainties.
Source: YAHOO