Over the last 40 years, state capitals have outperformed regional markets. However, whenever I look at a long-term growth chart like this, comparing two markets, I almost always see pinch-points.

Over the last 40 years, state capitals have outperformed regional markets. However, whenever I look at a long-term growth chart like this, comparing two markets, I almost always see pinch-points.

Over the last 40 years, state capitals have outperformed regional markets. However, whenever I look at a long-term growth chart like this, comparing two markets, I almost always see pinch-points.

Over the last 40 years, state capitals have outperformed regional markets. However, whenever I look at a long-term growth chart like this, comparing two markets, I almost always see pinch-points.

Over the last 40 years, state capitals have outperformed regional markets. However, whenever I look at a long-term growth chart like this, comparing two markets, I almost always see pinch-points.

This month I investigate where one of the enemies of property investors is gathering. Yes, we have enemies. Supply is the big one since it thwarts capital growth. We need