[quote=The-Shoveler]Not quite, They are not even close to the largest employer in that area.
There is the big refinery, a lot of import/export and shipping etc….
It is quite Diverse as far as employment, it will be a big hit no doubt though.
As far as the rental market, I know someone who has several large apartment complexes in the area.
They are doing very well, never vacant long.
I would not worry too much about it.
Would you pick up and move to Dallas ?
Think about it.[/quote]
My point was if you had deals with relocation people that specifically placed ex-pats from many companies like Toyota that rotated their employees from overseas, for which
(1) the ex-pats stayed for 2-4 years on rotation
and
(2) the company paid for all the rental during the entire duration of their stay
It was the easiest way to be a landlord for the long term, when the rent was guaranteed by companies like Toyota….Better than owning small attached rental properties in Mira Mesa with the plethora of responsible, higher paid tech workers from the Q and likes…. That hat-trick (in Torrance) is now going going going gone…
