Invest elsewhere

Remember I was talking about investing, but due to the fact property prices are too high in LA, we are speculating to property out of state or may be property abroad as well. I think investing in real estate always a smart choice. But locally is too expensive. I was checking out property prices at Sun & Ski Homes just to do a quick research, and for the price I will be paying for 1 home in LA, I can use the same amount of money and invest in 5 or more properties in Italy. That's how big different it is.