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Updated over 1 year ago, 06/25/2023
Arizona oversaturated with STRs? Are LTRs the play right now in AZ?
From what i'm seeing in the Phoenix, AZ metro market is that it is vastly oversaturated with STRs. Ive heard it has been very hard for STR owners to get dates booked, especially in Scottsdale. Any current STR investors have any insight on this trend? Is moving into LTRs the smart play since the IRs are forcing more people to rent rather than buy?