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Real estate prices have soared in 24-hour cities in gateway markets in recent years resulting in cap rate compression. As a result, better opportunities can be found in so-called 18-hour cities in secondary markets where there are still good supply-demand dynamics, high occupancy, and rent growth, despite lower cap rate compression. That means higher yields for investors seeking cash flow in real estate opportunities in 18-hour cities, and most of those cities are in the Sun Belt.