I say it is time to diversity your RE investments and watch over leveraging yourself, as history tells us that a correction is inevitable. 

Also Texas is a lot less conservative and more diverse than a lot of people in CA acknowledge.

The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here.

If you want to diversity your stock portfolio then just buy some high quality real estate.

Although reality is CA has the most diverse weather in the entire United states.. 

Read Moore's law, the loss of hardware manufacturing is still being felt (semiconductor shortages etc)The diversity of cultures, ideology, economics, climate, topography etc.is immense.

I guess not every market is as big or diverse as DFW, because I wouldn't even know where to start answering this. 

The whole doom preaching based of tunnel vision of a singular fact removed of the entire eco-system as a whole, this is how we get panicked actions which result in financial loss. 

It is only with the help of each other and the associated diversity of thought, that we will arrive at the best understanding of the problems and help form the best solution.  

Remember commercial real estate is so diverse that it is important to make relationships with lenders and brokers that deal in your 'space.'