On top of this, they've seen this massive liquidity boom make some of their competitors obscenely rich and they don't want to miss out.

But we knew several neighbors that lost serious money when they moved in during one of the boom times and moved out during the subsequent  slump.

Boom!

And there certainly are "fee collectors" who have paid to be listed in the Scotsman Guide.

Go to the assessors offices, collectors office, land records, clerk of court and planning and zoning.

In a perfect world the homes would always be renovated with a tenant in place but sometimes when business is really booming we pre-sale homes in advance. 

All very desirable in the San Jose to San Francisco peninsula areas.Also, there is the built in the boom or bust times.

You really have to study the micro market there to see what is happening and why.In city parts of Atlanta here in GA you can have a war zone a few blocks away and then a really upscale nice area that Is booming.

You'll be at 8800 in rents.I'll take the 4x monthly rent over the pie in the sky deal that maybe this area will boom someday.

I knew of a bank like that once, Merchants National Bank in Sacramento, I bet they are doing well too.Will, the richest guy I ever met, billionaire and that is not an exaggeration, told me in 2005 that when the mother of all booms was over, there will be several major drops.