In the mean time, those that are local, and those outside this area with the big pockets, will be both the early profit makers as well as the catalysts for this development.

I love it here and it has been the catalyst to get me moving.

In 2012, Medellin was chosen as the most innovative city worldwide based on its economy, urban development, culture/livability, technology and research.For these days, Passive Income is my main objective.

This will be the catalyst to burst the marketThis is amateur hour institutionalized...just like the stock market :)

What is breaking even today will likely cash flow like mad in 10-20 years thanks to the innovation, growth and rent increases.

Maybe this is just my free-market die hard libertarian values coming forth, but I can't help but see this as an impediment to maturity and innovation in the RE industry.

When a market correction comes (triggered by interest rate increases or other catalysts - i cant predict), i anticipate the tide will recede from other areas first and better situated properties later/less commensurately.

What innovations and technology will impact the industry this year?

- Focusing on A and B+ neighborhoods that are within a 20 min. commute of downtown or located near another mini center of employment (for example Claycomo near the Ford plant - they focus on trucks and made a huge investment in expanding that facility, so unless the world stops needing trucks to haul things, it should be a long-term employer in the area, and the new Cerner innovation campus). 20 min. is the average commute time in that area, so I wanted to stay within that range.

ESPECIALLY not if you're using price per square foot relative to computer generated comps, which is literally the worst measure there is for valuing real estate.If you want to talk about the software innovation that COULD be helpful, and that we DO need, that's a different conversation.