It's the travel market.While far from the only thing that matters, a large part of the real estate boom we're in is the explosion of the travel market and STRs in particular. 

I live in Oakland, CA. the above commentsdo not reflect Oakland's EXPLOSIVE appreciation rates.

Isn't that where the PEPCON explosion occurred in 1988?

Money supply at an all-time high, ballooning deficit, localized 40% year over year appreciation, rising unemployment and .25-.45% rent/price ratios point toward a market prone to burst.I personally see values in Austin plateauing here for the next 12 months and find it interesting that we only discuss real estate values in the context of explosions or collapses and ignore the most probable outcome- market neutrality.As long Austin continues to attract a well paid populous, there will be buyers to absorb inventory as it becomes available, protecting from any sort of pull back in values.

Census Bureau put that explosive growth into clearer perspective.

@Vishal Moorjani As @Bryan Noth mentioned, the suburbs are all seeing explosive growth.

Henry county has experienced explosive job growth due to a large warehousing presence as it is along the I-75 corridor and within a short commute to ATL.

Introduction DraftTCI is a Real Estate Investment Group that began 2020 with the explosion of the housing market in Columbus, OH.

It seems less "crazy/tech-fueled-price-explosion"-y than Austin3.

In fact, after the train crashed there was two major natural gas pipeline explosions that caused even more major damage to several properties.Every post asking questions should ask about the risks.