.$300k would get you a 2.5k-3k square foot brick home with a concrete driveway, brick mailbox, in a gated community and highly rated schools near where I live, while conversely <$30K and a <$15k reno can get you a cashflowing rental with double digit cap rates.

The Bay Area is benefiting from all that stimulus plus the digitization of the world.

Even though the interest rates went up, its a far cry from the double digit interest rates of the 70's and 80's.

What does this mean for real estate, I think you will see a slight decrease in home prices (single digit %) and a general cooling off of new housing starts. 

But how about a cheap plastic pourover cone and some No. 2 cone filters for it, a little hand burr grinder, a gooseneck teakettle, the timer on the microwave, a cheap digital scale, and two bucks in Trader Joe's medium roast whole beans in a little fancy-schmancy jar?

I'm from Florida, but have been doing the digital nomad thing for four years and now looking to move back to the States and get into RE.

Plus just over 7 digits for me in stock accounts. 

What the Covid has done is actually slow the Detroit market down just enough to keep the door open for investors who still want to get in while the getting is great and capitalize on getting that biggest bang for your buck, high double digit COC return, best rent to value ratio in the country as well as fruitful appreciation.

I( put my $$$$ where my posts were advising, I have significant double digit returns in reward for such, and growing. 

As a daytime software engineer with a large oil and gas company and also owner of a digital marketing firm, I would like to retire by 40 and just let my money and time work for me via investments in multi family properties.