Down here, the investors are jumping in on the lower-end homes, buying them and turning them into rentals. But to make the mortgage, taxes, insurance, management and reserves, rental rates for a small 2/2 or 3/2 is $1400-1600, well beyond what a lot of renters can afford. What they are getting are people moving down and renting while waiting for their homes to get built. Just south of us, the county approved a whole new town of 11,000 people, all to be constructed from the ground up. Our county is already subdivided and has lot capacity for a half-million people. In the last few years, the population jumped from 125K to 200K. And they are coming down from the north with money from their homes, paying cash, and getting into bidding wars when they buy. Rate of price inflation last year was 12-15%, but now, would bet in the 25% or more range.