Yes I agree. Prices should be WAY higher for what you get. I looked at buying in Tahoe but didn't because I was buying for cash flow, not strictly for a second

Yes I agree. Prices should be WAY higher for what you get. I looked at buying in Tahoe but didn't because I was buying for cash flow, not strictly for a second home. There's just too much high quality inventory and the amount of snow can be an issue for guests. It's a magical place though and if I lived closer I might buy regardless of cash flow. I don't know of a better value for the consumer. One of my family members purchased a place up there about a year ago and she's starting to do better but it's been a grind. She told me that her renters are often unrealistic. I find it odd given the amount of money up there and the low nightly price but it's probably just the supply and the fact that a lower price means people aren't forced to really evaluate the value as they should. That and the fact that primary housing prices are so damn high, that when people get away they don't/can't spend a lot.