Insights · Article
Why we look at housing near essential work.
Hospitals, utilities and essential-service employers run every day. The people who staff them need somewhere to live.
Healthcare is projected to be the fastest-growing U.S. sector through 2034.1 Hospitals, clinics and utilities run around the clock, and many of their jobs can't be done remotely. Nurses, aides, technicians and line workers generally need to live within a reasonable commute of where they work.
National housing-shortage estimates run into the millions of units, but the Congressional Research Service notes those national figures say little about specific places.2 That is why our strategy starts locally: we look at properties near hospitals, medical centers, utilities and essential-service employers in Texas growth metros, and ask whether working households can realistically afford them.
What this does not mean
Being near essential employers doesn't guarantee occupancy, rent levels or returns. Local supply, interest rates, operating costs, insurance and property taxes all matter, and any property can underperform. See the key risks.