Obviously if you're going to be in the game of real estate investing, a strong tenant base is a primary concern. The latest news on population growth in Austin suggests that in that department, the bases aren't just covered, they're overflowing.

City Demographer Ryan Robinson reports that from April 1, 2010 to July 1, 2011 nearly 70,000 new residents moved here, making Austin one the fastest growing metropolitan regions in the nation. Forbes agrees, having just tapped Austin for the number one spot on its "America's Fastest-Growing Cities" list for the second year in a row.

People are moving here from all the other major urban centers in Texas, with even more coming from Florida, New York, Ohio, Michigan, Colorado, California, and Washington.…

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Coming out of the election season and going straight into the holiday madness, the pundits and newscasters are having a field day with negative reports about foreclosures and mortgage delinquencies. The issue of the fiscal cliff is certainly real, and has implications for all of us, but if we listened to all the naysayers on the networks, we'd throw ourselves off that cliff long before we're driven off.

Here's the thing you have to remember about the nightly news. We're talking sound bites. The real picture about what is happening in the housing market is too complex to be dealt with in a couple of minutes before the next commercial. A large part of that deeper story involves how people are ordering their lives in response to the poor economy over the…

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