It's taking place in all the areas where single-family homes are becoming unaffordable for your average first-time or middle-income buyer. Not that many people can afford a half-million-plus for a starter home.
We're having a $100 million, trophy-building-a-day kind of year in sales.
There aren't that many asset classes that are blowing out amazing returns right now, so you might as well keep it in.
Investors are roaming all over the country buying these types of properties.
