As to the original question:I Live in Los Angeles (north, inland a bit from Malibu)Yes, moved here in 2011Staying - tons of amazing lifestyle perks - the beach, the mountains, the weather, camping, biking, snowboarding, surfing, rock climbing, etc.Full time day job, REI on the side. 

AUSTIN, TEXAS MARKET* Low Inventory (Little supply, high demand)* Sellers Market* Average Housing Price over $320K (Expect prices to continue to climb in 2021 due to low inventory) (Median price has increased over 14% in the last year) About $400K inside the Austin city limits.* High Property Taxes* Multi-offers, be prepared to offer way over asking price* Low to Negative Cashflow* Great AppreciationIf you've got the funding and resources for this market, go for it.

Think ski towns, surf towns, climbing towns, etc.

(Except for the people who fear not buying now because they think the market will resume its climb soon.

I expect interest rates to climb to about 8% before the feds back off unless inflation drops off. 

The other side of this coin, that is slowly climbing up Google on the REI Reply Google Search, is that none of us have used the product or even care about it at all.

I'm on track to climb and hit 6 figures by 30 (2 years for me). 

BUT, I would never buy in area where you think rents will only climb 2% per year while expenses will climb 3%.

I thought about real estate investing but preferred having free time to learn new skills such as volleyball, rock climbing, programming, (graduate school). 

No pieces hanging down to the ground) as to not let pests climb up.Hope that helps.