I'm of the opinion that this time is a little different, regarding home loans have been much tougher to obtain and there are not nearly the subprime mortgages as we had before. we will probably see a more traditional recession, slight slowing of economy the next downturn.The fact that so many subprime loans brought down the economy, give money to anyone who breathes, is NOT being repeated bodes well.But markets where the house prices are just so high compared to the wages.. there will be some downward correction.Always look at the median income to house price ratio.. some areas are extreme and are ridiculous.. bottom line, some areas are in a bubble, some are not, emerging tech hubs will be most insulated, such as Raleigh Durham, NC, Austin, Denver, Dallas, Portland, Charlotte, Charleston, SC, Nashville, Salt Lake City. 

I was told Amazon Hub is going in15 miles away, with 2000 new prospective jobs. 

It is quickly becoming a Southern California aerospace hub.

Wenatchee is located in central Washington on the Columbia River and has been known as Washington State's energy hub.

I also look at many of the things already mentioned, as well as property taxes and properties in vast employment hubs with an endless amount of potential tenants (employees needing a house to live in).I'm currently pending on a property in East Point, GA (Atlanta) near the airport. 

As you probably know it is a major hub for hospitals, pharmaceuticals, healthcare, etc.

Lubbock is also highly diversified being the hub for the area from Amarillo to Midland, Hobbs to Sweetwater for agriculture production and research (cotton, peanuts, sorghum, wheat, watermelons, and wine grape vineyards -70-80% of TX wine grape production comes from this area-), medical care and research (two top-tier facilities in Covenant and the university hospital), manufacturing, transport (major airport), and of course Texas Tech is a huge economic driver employing many thousands and bringing tons of students in with their parents money (30k+ enrollment I believe, it's enormous).

As it continues to grow as a corporate hub with AECOM relocating from Los Angeles and Goldman Sachs looking at North Texas sites for their largest office site outside of Manhattan it's a wide variety.

Chicago is a good financial hub and I am sure you should be able to meet the right people soon enough. 

Diversification potential: The region encompasses diverse markets - from revitalizing rust belt cities to booming tech hubs - allowing investors to spread risk across different economic drivers.5.