I'm pretty sure I know where a lot of it is going... the people doing well on properties in the Bay Area are buying properties here in Texas sight unseen and dr

I'm pretty sure I know where a lot of it is going... the people doing well on properties in the Bay Area are buying properties here in Texas sight unseen and driving up our previously affordable housing prices quite a bit. At least it seems that way. We had a hell of a time buying a house this year, and multiple realtors said the same thing - Californians buying second/third/fourth homes here as investment properties, and Chinese. (Lots of Chinese folks buying houses outright in cash.)