Trendy areas are going up by nearly double!

This trend is already showing up in statistics such as the Redfin report.Historically low interest rates driving up demand. 

Numerous articles from 2013 about foreigners moving in and the area sort of becoming trendy came up - pretty interesting!

A high end community will demand remodel to make the place look fresh and "trendy".  

As I have been talking with investors, the historic trend is when these higher paid positions lose, or are in fear they may lose, their job, they will step down from the Class A to Class B product.  

There are areas that have high rents but they are so trendy now that the market is so overpriced it doesn't make sense anymore. 

I own a condo (that I rent out to tenants) in a trendy (and expensive) Brooklyn, NY neighborhood and rent a separate apartment in the same building.Recently, I've been contemplating selling my condo and buying a multi-unit property as a way of investing but, more importantly, increasing my passive income/cash flow as I am particularly cash poor these days.

Looking back through some of your other posts, looks like a trend. I

I think the trend is to be more conservative with everything going on... 

Try and see what the current price trend is, if it is a multi-family what the tenant makeup of the property is (occupations/payment ability).