Rather than diversification, I invested into high tech stocks.

That way you have diversification within a market.  

Also, with about 14% total annual returns, i believe us stocks and reits have delivered better tax treatments and better risk adjusted returns for the past 10 years than remote direct re investments which carry high execution risks, poor diversification and liquidity.  

Our portfolio is pretty much split between the city and Manayunk right now, but we've started to think more about the suburbs as a way to add some additional diversification. 

Today, I just don't see the upside.Detroit, MI suffers from needing to prove it can survive without the auto industry, lacking sufficient industry diversification, and the housing supply is between 9-12 months, and houses are cheap, meaning renters could be hard to come by.Tucson and Tampa got serious looks, and this is where the quality of life started to come into play.  

In this case, tax inefficiency trumps diversification.[2]If you want higher returns than banks use a buy and hold approach with stocks.

Looks like you're moving up with diversification. 

The diversification makes for a much less seasonal STR landscape...and the Smokies are an hour away.

This is a diversification exchange. 

However, Cleveland has had significant economic diversification with development in healthcare, higher education, and technology sectors.