http://money.cnn.com/2014/02/06/real_estate/tech-worker-rents/index.html...
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Low inventory and high demand. I think we are at a 1.2% vacancy rate. Of course the cost of buying a rental property has risen accordingly here. Not a good city to invest in rental properties for now. You can find properties in other states that cash flow the same amount at less than 1/2 the cost.
Now if you bought here 6 years ago, oh boy!
Michael
Knowledge is power, but execution trumps knowledge. Tony Robbins
http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site