Sure that's true, but a lot of properties in tourist-heavy areas are owned by people who use income from short-term rentals to pay the mortgage. It's one thing

Sure that's true, but a lot of properties in tourist-heavy areas are owned by people who use income from short-term rentals to pay the mortgage. It's one thing if you can look at a property and say, "well my income is high enough that I can afford the note on this property." It's another thing if you say "well I can afford this property by using the property to pay for itself" I would argue that a lot of the properties will be sold off.