A little frustrating, but given the diverse employment base in the DFW area, I guess it's not all that surpising. 

No one should underestimate the importance of diverse income streams to a goal of being able to withstand financial setbacks. 

Those trends being net migration, jobs & employment, industry diversity & other aspects along those lines.

I do believe NYC will bounce back, due to the diversity of all the businesses here.

Given the whole new Working-From-Home culture that Covid has given us, are any investors starting to explore the options of using FHA loans to purchase properties that they "may or may-not" live in, or live in for a year or so and move out later....

Lubbock is also a solid rental market and has a fairly diverse economy. 

Industry diversity is also important to consider in my opinion, as population growth and supply of housing can all be affected if a city is reliant just a few industries to provide jobs.

From a macro level the region is strong and diverse economically, while still being fairly affordable for the rents a good unit will demand. 

The most important things to look for in any market are growing populations, growing jobs, modern economies with a diverse employment base, business friendly climate, low property taxes and favorable landlord tenant laws. 

Actually I'm kind of proud that this remnant of local culture survives, and aside from the illegal aspect it does fit in with the AG zoning.