I'm now wondering if that isn't a cultural difference.

Time horizon matters a lot too, talking to a client in their 60's wanting to retire is very different than someone in their 30's looking to build and accumulate wealth.  I

Wealth is the scorecard, but somehow gifts have to be accounted for. 

I also think what a lot of people on BP miss is the percentage of homes that are either owned by super wealthy investors or just investors is very low.

As more people flock to the city due to job opportunities, educational institutions, and an expanding arts and culture scene, the demand for rental properties has risen.

A more holeistic approach is needed: long term wealth is mostly created by principal pay down and appreciation.

But by and large most homeowners in dc are wealthy and there payment and this is key is less than rent if they bought before 2022, so they will do everything in thier power to keep thier mortgage.

I believe these systems only work if you have good employees, in which case a bonus is unnecessary.I provide strong compensation, some benefits like 401k, growth opportunities, and a strong work culture.

Austin is a fantastic market, with its growing tech presence and vibrant culture, making it a great choice for your future career. 

I was picking his brain about the attitude and culture of the locals towards real estate investing and out of state investors.