There is a reason why prices are inflated - because everyone wants to move there.

The only thing close I can find are 5 year CDs for 3.0% - 5 year lock in for cash seems bad given rising interest rates and current inflation. 

I've analyzed deals all over Southern California and most of the time the inflated purchase price gets rid on any possibility of positive cash flow.

He is an experienced investor with a track record who's talking about a bigger point - over-leveraged assets bought at inflated prices.

Many Chinese invest in real estate in "empty" cities in China that inflate the value of those properties.

Or will foreign interests start buying more of our real estate to raise our inflation rate? 

The majority of investors who lost everything must have pulled equity out if the inflated properties to buy more.

I do want to invest in another real estate as an inflation hedge and not just stock market, that's my thought. 

San Antonio's boom has inflated prices typically too high.

I'm thinking about putting the money somewhere 'safe'(maybe something like us treasury money market fund) that would give me enough returns to match inflation, so that i could then invest that when there is a downturn/correction/recession, without losing any of my buying power.