But could this become a much more widespread phenomena in the next decades?

Of course SF’s über liberal city gov absolutely hates this phenomena, and activity taxes and limits new “market rate” housing in many different ways.

There were no such transactions or deed transfer recorded for those properties even if that team of agents provided an record at Zillow.com that the property was sold at which date.Have anyone notice a similar phenomena in your area?

@Frank Wolter  it is an amazing phenomena of out of area investors flocking to cash flow cities.. 

This is a phenomena we've never had to factor in when trying to figure out where the top is.I believe it is also market-dependent.

Bank underwriters simply "accepted" this phenomena as gospel.

If that's the case, it isn't relevant to the new landlords on this forum, unless they are starting with hundreds of units.Wait a sec, Mike...I hate to use logic in a debate, but...You said in an earlier post that the more units owned, the *more* likely the trends would be towards the average.Above you say that the more units owned, the *less* likely the trends would be towards the average.Yes, I realize you were speaking of two different phenomena (law of large numbers vs economies of scale), but you can't argue both sides in the same argument, which you clearly are.So, which is it?

How common is this phenomena? 

so i was at a listing appointment and my client's toddlers were doing storytelling and showing off their Berenstein Bears book... and i couldn't help but notice the spelling has apparently changed to the BerenstAin Bears since the authors are Stan & Jan BerenstAin..the spelling stood out to me like a sore thumb and my client told me she remembers it being Berenstein Bears too but thinks back in our chilhood days (80s) they probably misprinted a whole bunch of books which confuzzled us into thinking it was ALWAYS Berenstein Bears whereas to the current and new generation have always know it to be with the awkward atypical A instead of E like in -Stein because of lost in transliteration back in the 1800s at Ellis Island.it made for an interesting conversation and it is what it is, life goes on; our childhood memories are a couple decades ago afterall; but driving home it irked me that how could the current spelling seem so foreign from all my memories as i too had and read the books avidly, once upon a time. i figured my client's and my mind's playin tricks on me but since i got home i googled and found it is a widespread phenomena.. what do u remember these heartwarming nostalgia bears as, Berensteins or Berenstains!?

It's like there is a new phenomena, and it gets lots of traction, like housing in 2012 or VC spending.