STR Rental Prices Falling and Inventory Opening Up, Anyone else noticing the same?

[David Hathaway]

I've been looking at short-term rentals and noticed just recently more inventory has come on in the market at least in Massanutten Resort. Wondering if anyone else that's looking at short-term rentals as noticed an increase in inventory and price reductions starting to happen? My assumption is the supply of STR and people listing them have pushed ADR down and now interests rates don't justify the purchase price thus price reductions. Wondering what everyone else is seeing out there

[Luke Carl]

I think most of what you said applies to all types of real estate at the moment.