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Updated over 2 years ago,

User Stats

25
Posts
8
Votes
Kurt Baltutat
  • Investor
  • Knoxville, TN
8
Votes |
25
Posts

Investing in STRs with a recession coming

Kurt Baltutat
  • Investor
  • Knoxville, TN
Posted

How are you Super and Angel Hosts thinking about the next 3-5 years? I follow many well-respected economists and am convinced a recession is coming (or is here) and the questions are how long and how bad. I know the smokies weathered the 2009 crisis quite well based on park visits and other data. But how do you think a recession and potential job losses, etc. will affect STRs? I have one and am planning on getting 2 more in the next year, but don't want to buy into a 30-40% occupancy market. Thanks for your advice!

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