But the demand for the amenities and convenience of the city will continue trending upward. 

Both are good cash flow markets but in addition to cash flow, they both have good economic and demographic trends such as population and job growth which are important to long term asset values.

@Erik WhitingThanks Erik this was helpful and it gave me a dose of empowerment :-)I am noob still learning the tricks of the trade,BP and the forum members have been very helpful .

Depending on how Luxury your going you may want to start by talking with some known interior designers in that market segment, they will be able to lend a ton of insight as to trends and who's doing what and whom to stay away from.

As @Shawn Roe pointed out trends in the stock market should be decoupled from the housing market for various reasons.

The trick is in how you leverage funds. 

Growth rate projections are based on historical trends.

Sadly, I've noticed a disturbing trend on these boards... what used to be a great tool for investors and people seeking information about REI has turned into the typical social board of put-downs and insults, rather than mindfulness and helpful conversation.

Hey Guys, I am a full-time REALTOR in Southern California and I want to start investing out of state, I've made my mind up and I am on the very early stages of this journey, I have been trying to do some research in m...

Trended data is used and lenders will look to see how much of a payment you're making and what kind of balances do you carry each month.Credit mix (revolving loan, fixed-length loan, auto loan, etc.) helps your credit score, but that isn't something to really worry about.