EP#12 John Drachman | Texas OR SoCal? "Dr. Doom" Says BOTH

Would you rather bet on rental housing in Texas or in Southern California? Rental housing economist Jay Parsons breaks down the differences — and similarities — and shares why haters of both regions are mostly wrong. He then brings in "Dr. Doom," aka Waterford co-founder John Drachman, who shares his experiences building out a multifamily platform split between SoCal and Texas ... and why both markets can work well, albeit for different reasons. Jay and John also trade notes on their experiences growing their social media presence, and how LinkedIn in particular has opened up new doors and relationships. Additionally, Jay brings back recurring segments like "Rental Housing Trivia" and "Good Question." And during the "In the News" segment, Jay shares his experiences working with HUD Secretary nominee Scott Turner, and why he's a great fit for the role.

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• 0:00 - Intro
• 1:20 - Market data
• 12:05 - Rental housing trivia
• 12:40 - In the news
• 18:17 - Good question
• 21:00 - John Drachman intro
• 26:25 - Multifamily 
• 29:50 - Texas or SoCal?
• 39:15 - Operational challenges 
• 20:20 - Workforce opportunities 
• 46:10 - Social media
• 51:56 - Outro