Best Markets for "Recession Proof" Short Term Rentals

[Jonathan Dempsey]

Amidst a recession and uncertainty looming in the market, how would you classify short term rentals resistance to economic downturns?

I have my thoughts on this, but curious what the people have to say!

Only item I'll share is local affordable getaways (ie. driving distance to mountain/lake houses for the weekend such as the Poconos) may be more resistant than extravagant destinations that require an expensive flight and demand higher nightly rates (Hawaii for example).  This is considering your average Joe through upper middle class.  Surely there is a class of people who will be lesser affected by economic downturns and continue not to bat an eye at the high end vacations as its a lifestyle they've earned and continue to afford.

Live Free,

JD