There are properties though that can have environmental issues, wetland issues and potentially other issues that can become a greater liability than the real estate is worth.There are homes near me that are beautiful today and probably will remain that way for many more years.

This beautiful city in the Hill Country with the Colorado River running straight through downtown brought forth over 70,000 new residents this past year.

Fortunately, I had the wits to let go my pride/ego and walk away from those deals.

Based on what I witnessed in Austin, I think a good strategy would be to scoop up properties in blighted areas close to down town.

Downstairs was flooded with beautiful HW floors.

I sold a house a few years ago that had a tree next to it with an enormous, beautiful canopy.

The quality of life is very high and many people choose weather and culture and beauty over home ownership.My daughter lives in Berkeley, CA, with rents and home prices even more out of whack than here.

Used a professional sprayer and knew what he was doing - so, not one of those little DIY kits - they look beautiful. 

Geneva NY is a beautiful town and has got Hobart and William Smith and other colleges.

They're one of my favorites because that's how we bought our first home in California - this was before the prices went crazy and you could still get a beautiful home for under $100,000.