Build Costs and Riding Boom Cycles

[Marisa R.]

I am a fan of buying in markets that are rising, easiest way to make money. 

One indicator to watch for is building costs rising.

For example when I was buying in Atlanta in 2011 building costs were $18 per sq foot, today we are looking at around $100 per sq foot...boom

So what happened during this period? Prices kept rising

Now I am playing in Detroit, building costs in the last 12 months has increased by 10% a good sign

Curious do other investors look at this