Perhaps that's how it used to be (I'm not that old), but that sure as hell isn't how it is today.If anyone thinks that politics doesn't play a massive role in these proceedings, then you are sorely misinformed.

Bill Gates and Warren Buffet, top billionaires, in  world, pledged to give all their wealth to charity in their wills.

So, I am going to skip answering, but I will tell you reason people like Warren Buffet makes millions of dollars in the stock market.

The complexity introduces an entirely new level of risk to you and your portfolio, not to mention the massive hassle that is likely to stifle your business and make you lose your mind.

Then she would be able to earn a living doing what she loves without a massive debt hanging over her head.What would happen if your wife were unable to work and you lost that $30,000 income?

You have large Wall Street firms and funds that are buying up massive amounts of housing and they don't need your services because they handle it in-house.

You will have a very difficult time finding a place in Napa/Sonoma for sub $500k that won't require massive renovation. 

I huff and puff and posture a bit about not jamming the garbage disposal, leave the dinky brass Allen wrench in the drawer again, and I've got a properly educated tenant who doesn't stuff massive blocks of food down the garbage disposal and will clear minor jams by themselves.The 1/2 HP InSinkErators Badger 5 usually goes for around a hundred bucks, but they often go on sale and you get good deals.

I would say it was this "trinity" of factors, the massive market demand, flow of commerce, the debt carried by nation.

But Jason, do you know why the TX is the only state that has increased inventory 'state-wide' while there're massive migration into this state ?