3 ms·
One difference is the short term rental investment mania. A lot of people are heavily leveraged based on STR income and free-money loans. If that market dips
by claytongulick 4y ago
One difference is the short term rental investment mania.
A lot of people are heavily leveraged based on STR income and free-money loans.
If that market dips due to a recession, we'll see a flood of panic selling to get out of upside down notes. Selling at a loss could be ok depending on how the property performed prior to the constricted market.
With increased interest rates and an inventory surplus, if the price of lumber drops we could be facing a pretty intense market correction in home values.