New Federal tax bill and the second home market

[William Leahy]

Greetings BPers,  I'm curious to hear opinions from those of you in vacation markets on the effects of the new tax bill on the second home market for 2018. My gut tells me that retail buyers will hesitate and put downward pressure on the sales market. Attached Denver Post Article speculates more  inventory will crowd the rental markets as more second home owners convert to rental owners.

https://www.denverpost.com/2017/11/10/wealthy-homebuyers-gaming-gop-tax-plan/