San Antonio, unlike other economies, enjoys a wide range of employers from different industries. This gives it an competitive advantage. It has a diversified economy such as tourtism, military, health, financial services, Oil and gas and manufacturing.
What makes san Antonio the best market to invest in the USA?
Supply & Demand
San Antonio has a low unployment rate at 3.2% below the national average ofat 4.8%. Below Dallas at 3.7% and Houston at 4.6%
San Antonio has six fortune 500 companies
Valero Energy Corp
CST Brands Inc
The city is home to one of the largest concentrations of military bases in the United States, and has become known as “Military City, USA.” The city is home to several active military installations: Lackland Air Force Base, Brooke Army Medical Center, Randolph Air Force Base, and Fort Sam Houston. The defense industry in San Antonio employs over 89,000 and provides a $5.25 billion impact to the city’s economy.
San Antonio Population growth has increased since the 1970’s year over year and it’s expected to grow. Using the Urban Institute’s numbers, the San Antonio Metropolitan Statistical Area (MSA) grows from a city of 2,179,089 in 2010 to a city of 2,785,414 in 2030. we’ll grow to 2,985,881. Either way, sometime in the next 20 years San Antonio will become a city of more than three million people.
Supply and Demand:
There is ample inventory of distressed real estate in the city.. According to Realty Trac the cities has 10% of its housing seating vacant.