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Updated over 5 years ago,

User Stats

13
Posts
9
Votes
Joe Sullivan
  • Santa Ana, CA, CA
9
Votes |
13
Posts

Buying a VRBO Property with potential economic downturn

Joe Sullivan
  • Santa Ana, CA, CA
Posted

Hell Community, I'm under the assumption that we'll see an economic downturn in the next year or two.  I am for a property to buy in the Palm Springs area.  I believe the area I'm looking at will cash flow well right now.  However, I know 2nd homes and discretionary income can drop during economic downturns.  Is the economy, or potential changes to it, giving people pause about investing in vacation rentals and vacation locations at this time? 

Thanks,


Joe

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