Certain sectors such as high education have higher than average increases of costs because such services cannot be imported.

Definitely reach out to @Kris Benson as he is very knowledgeable in this sector. 

I wanted to steer clear of STR because all the AirBnB laws keep changing, and with economic slow down and layoffs in tech sectors which is an area of extreme disposable income to travel etc, it just feels like the wrong time for me personally to invest in an area where discretionary travel is likely to be the first to go from people's budgets as they tighten their household budgets.

Your economy is so tied to debt and tech sector speculation.

I am moving toward the multi-family sector, having been a buy and hold land lord of SFH's, duplexes, and a quad plex since 2005. 

I've had a passion for this sector since I was a kid and I'd love to actually make it a reality but would love to get the experienced peoples advice! 

I caught this on my news feed and figured to share...Bank of Austin set to open with tens of millions to loan out to businessesMay 9, 2017, 1:41pm CDT Updated May 9, 2017, 4:09pm CDT INDUSTRIES & TAGS Banking & Financial Services, Commercial Real Estate, Financial PlanningEven in Texas, the banking sector took a severe hit during the Great Recession.

We understand the private sector cost of doing business, that’s why we are actively engaged in continually making process improvements designed to streamline processes, delivery of payments and our accessibility.

So, they spend a lot of effort in finding and closing economic loopholes that an REI'er can exploit.By hamstringing the private sector with rules that don't mesh with local real estate market conditions, the framer's primary goals of preservation are not met and they've cut off their noses to spite their faces.  

Rather the NYC market has been driven more sub-factors like the redevelopment of Battery park and Brooklyn Bridge Park, changes to zoning in Harlem, emergence of C and D areas into prime RE, the tech sector transforming certain parts of the city, etc.