It is NOT a coincidence that cap rates have compressed over the same time.

In fact, here's a link to an article I posted on here last month...https://www.biggerpockets.com/forums/223/topics/36...If you are referring to the multifamily market, as you know with the compressed cap rates, you are looking at 6%.

It is probably using some type of compress setting like jpg or screen resolution of 72 dpi. 

m4a is a more modern compression system than mp3, so the files will get larger if you recompress it in mp3, and even larger if you move to the (completely uncompressed) wav.  

Phoenix cap rates are very compressed right now so we have shifted out investing to the midwest.  

@Angela Keller  Cap rates in Phoenix are very compressed right now.  

As a result, cap-rate compression (i.e. the ratio of net operating income to property asset value and often a predictor of how profitable a property will be) has been able to stay at moderate levels, which translates to higher yields for investors.While the the big six cities continue to be of interest to investors who enjoy the security of those markets, increasingly investors are more willing to take calculated risks with emerging cities.

(Tyler - you've made a bit of cash anyway ;) )Fortunately we are finally seeing upward pressure on rents as well to mitigate the compressing cap rate in town.

If buyer wants non-recourse then lenders generally want 30 to 35% down at those cap rate levels.More and more buyers seeing compressed yield in stand alone STNL buildings are going for these 2 to 4 top properties with national tenants in them.

Sch. 40 PVC Compression Coupling