That is one of the reasons that getting diverse information from as many sources as possible is key to being truly educated on any subject.

highlight_post=4660139&page=1#p4660139This shows the diversity of company expansions in Arizona:https://azbigmedia.com/business/economic-development/here-are-arizonas-biggest-economic-development-wins-of-2019/Hope this helps!

Those who could, did, and now deals that once looked attractive look overpriced.Finally, I think it’s important to look at the market not as one large clump but as a highly fractured and increasingly diverse asset class.From the demand side, an A type multifam will be negatively affected by a recessionary period.

We have RE in fairly diverse areas in San Diego. 

Personally, as an investor I like to see either strong population growth or a diverse economy with multiple industries for a long-term rental investment property.

But long-term return is ultimately driven by population growth, job growth, income growth, diversity of industry, constrained supply, and other factors (most related to "growth".

Friends, I always appreciate the viewpoints and diversity of views and experience that enter the recession discussion.  

However, there's a diverse crowd here on BP, and not everyone is at your level. $25K can be a dinner for some BPers, a month income for some other BPers, or a total bank account balance for some other BFers.In OP's case, he's young, and new.

I guess I do have scale in wholesaling and in the diversity/ creativity of deal-making...but still...I feel humbled being put together along side these real estate GIANTS.And as far as my answer to the dream team...I would gladly have: @J Scott, @Brian Burke, @Ben Leybovich, and @Jay Hinrichs to my dream team :-)

Bakersfield actually has a pretty diverse economy.