I am no economist (in fact hated that class in school) but if you look at the amount of Federal debt, the fact that Social Security and Medicare are running out of money, that to keep the economy propped up the Fed just prints more money, I have to agree with these more fringe prognosticators that we are in for a correction in the near future.  

We tend to stick to states that are non judicial with cities that have stable/growing economies.

Lodging is the first licensed property management in Miami to support the real estate sharing economy in South Florida.

I hope the economy is doing better now, it is a lovely area.

The economy here is booming and we have a housing shortage with many new factories moving in. 

We've got a diverse economy where a plant closing down wouldn't be enough to shake us.

That will only be true after some time when a property appreciates in value--IF it appreciates--which might be never, depending on the economy or the area you buy in.

However, when you look more closely at the underlying problem of affordability in California, you have to wonder why homebuilders are not rushing to make a buck and fill the huge demand for affordable living - they obviously see a rocky economy ahead and have no desire to be caught out like they were when the credit bubble burst.

The community seems to provide a certain economies of scale to those involved with respect to learning most elements of real estate .

Furthermore, one cannot even use economies of scale to an advantage, as these high priced multifamily units are only duplexes.