ilmscore | The Most Underrated “Big” City for Rental Investing? (Still Affordable)

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Prediction
Topic
Status
Chicago will not experience a significant increase in new multi-family housing development, such as 10,000 units under construction, in the near future due to its density and strict zoning regulations.
"One good thing about Chicago is that you don't have that risk that you're going to like turn around next week and there's going to be 10,000 units under construction. Like that's just not going to happen in a city as dense with as strict zoning regulations as Chicago."
Chicago Real Estate Development
Pending
Many real estate markets are predicted to experience a 1-3% price decline in the next year (2026).
"in a lot of markets, I personally believe we're going to see 1 or 2% maybe 3% price declines in the next year or so."
Real Estate Market
Pending
Increased renovation and labor costs will eventually be factored into the purchase price and overall value of investment properties across the market.
"eventually this is going to have to get baked into the price and sellers might be resistant to that now. But that's just how this works on a broad scale is eventually the costs get baked into the value of the properties that we're buying."
Property Values
Pending