They made good money rehabbing houses during the boom years but have since turned there business into this coaching thing for outrageous prices, can't blame them but there not teaching anything new here.

Now, the banks want to make flipping illegal cos they are losing money.But, we have not held them accountable for the credit boom that resulted in the whole real estate crash.

and boom goes the dynamite. 

Brian why do you think Austin will boom or a better question might be what factors are present in Austin that may give it an edge over other markets?

I was glad to see prices plummet in 2008 because I was priced out of home buying in the boom years.

The boom has truly began, JC heights etc are now untouchable.

My personal opinion is "cheap money" and "tax incentives" boomed building more than supply and demand fundamentals the past 4 years.

I live in Odessa Tx where we have a housing crisis at the moment because of the oil boom.

With Europe looking more and more like it is sliding into recession, the surging dollar and the Saudis not cutting back on their much cheaper to produce crude oil production, there is a potential for the fracking boom to end. 

You could always buy a 10 year bill @4% but you're now your risking it against inflation not booming post rate drops.