Occupancy rates down in 30 of the 50 top markets. Where are you?

[Nathan Gesner]

My 19,000th post and this is all I got. ;)

https://time.com/6223185/airbn...

A lot of people cashed out their equity (gained through pure luck) to purchase a short-term rental in unfamiliar markets that were over-priced and with occupancy rates well above historical averages. Occupancy rates are dropping. Sales prices are dropping. Interest rates are climbing.

What happens when these new short-term rentals fail to perform and the first-time investor can't get back what they put into it?