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At the same time, Houston has jobs, a low cost of living and cheap property.
Cheap property and low taxes have attracted corporate headquarters and start-ups alike.
'The only serious buyers are investors wanting cheap property,' she says.
"People from the suburbs have started coming into the city to buy cheap property.
"They've flooded into Corby, attracted by the cheap property and good rents.
Enticed by cheap property and a dry climate, retirees from California have come to La Verkin.
Similar(34)
The most common deception, however, involves cheap properties being advertised for rent in prime locations.
Most are investors from London and Dublin who are looking for cheap properties to rent out.
He had started Fort Myers's first foreclosure bus tour — an efficient way for speculators to mop up cheap properties.
London councils told the work and pensions committee that they are already block-booking bed and breakfast and cheap properties in far away places.
There was an "unhealthy" reliance on institutional buyers snapping up cheap properties and it remained a difficult market for first-time buyers looking for a loan.
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CEO of Professional Science Editing for Scientists @ prosciediting.com