Fort Hood is overwhelmingly renters. According to the US Census, 1/3 of Americans are renters. That ratio is flipped in the Fort Hood area – 2/3 of Killeen residents are renters. The reason is the military. The Fort Hood area is also overwhelmingly military personnel (54% of loans are VA loans, for example). Military are more likely to rent than buy (more on that below). Some would likely be well served by considering buying.
The U S Government has Nationalized Housing, and Nobody Cares
Imagine the following: You own a family business that has been around since 1938, respected, even loved. You eventually took a product that was inaccessible to millions of Americans and made it affordable. You were even one of the companies highlighted in Jim Collin’s bestselling must-read business book Good to Great as an example of […]