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Updated over 2 years ago on . Most recent reply
Do apartments and new construction impact STR viability?
I'm looking at my first STR in an area that is growing, with a LOT of new construction and new apartment buildings. Does this type of rapid growth in housing options have any negative impact on STRs?
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John Underwood
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Depends on your specific market, but it could.
I only buy in vacation destination areas and don't have any apartments anywhere near me.