#32 | Scott Theeringer: 1,200 People a Day Move to North Texas

1,200 people move to North Texas every day. At 300 homes per subdivision, that is three new subdivisions a day, every day of the year.More on Scott Theeringer and this episode: thedealtablepodcast.com/episodes/scott-theeringerScott Theeringer buys and entitles the raw land those subdivisions get built on, and he explains why supply cannot catch up. A two to three year entitlement timeline before a single house goes vertical. Cities that burned through their entire 20 year infrastructure plans during the housing boom. And a grid that data centers are draining faster than anyone modeled.The demographics underneath it are the part people miss. The Texas Triangle of Dallas, Austin, Houston and San Antonio is the fifth strongest economy in the country, holding 66 percent of the state's population and about three quarters of its GDP, and 87 percent of people born in Texas stay in Texas. That is the stickiest population in America sitting on top of the migration.He is direct on power: two to four year transformer backlogs, million square foot data centers drawing more than most cities, why nuclear is the only real answer and why you still need a blended grid. Plus how a family farm held for 70 years becomes approved lots that D.R. Horton and Lennar bid on, the seven day rule behind chronic homelessness, and a California entitlement that ended with a year spent watching flowers grow.Scott Theeringer is the founder and CEO of M&A DevCo, a Texas land development and private equity firm that acquires and entitles raw land for residential subdivisions across the Texas Triangle, and is building a data center strategy alongside it.KEY MOMENTS00:00 The Texas Triangle Land Fund02:41 87% of Texans stay in Texas03:45 How the pandemic ate every lot14:16 What entitlement actually means17:07 Inside a one gigawatt facility19:28 Why nuclear is the only answer23:16 1,200 a day, three subdivisions27:59 Seven days to hold, ninety to stabilize44:59 California, Texas, and a botany study48:22 China builds 30 reactors, America 2Newsletter: thedealtablepodcast.com/connectLane Carrick on selling a business, The Optima Advantage: amzn.to/48nLElWFollow The Deal Table: YouTube, LinkedIn, Instagram, Facebook, TikTok, XThe Deal Table is hosted by Ryan Harper and Lane Carrick, filmed in Dallas, and produced by Harper Belmont Media.Sponsored by Capital Southwest.