Looking for investment property - Atlanta, Austin or Raleigh

[Anks Desai]

I am considering an investment property mostly for appreciation purposes. I have heard great things about all the three cities: Atlanta, Austin and Raleigh but looking to understand which is best suited for good long term appreciation. I am ok with being minor cash flow negative too as long as it prices go up longer term. I am mostly looking for tech related growth opportunities.

Austin - A tech hub already, good universities, and trendy town. However, I feel like prices have shot up a lot lately. Not sure how much upside is remaining.

Raleigh - I see many tech jobs moving to Raleigh area and has good universities too.

Atlanta - I see some tech jobs moving to Atlanta too, but concerned about crime rate, etc.

Which city do you think is best posted for long term appreciation?