Their taxes and insurance may have doubled and they can't afford the house any more.I think geographic is tough because there just isn't typically the turnover any more in most areas. 

I invest in the Baltimore area but I have family members that invest in the Upper darby, Chester area close to Philly (I believe there's a lot of affordable properties in those areas). 

MIP ranges from 25-60bps depending on whether the property is market rate / affordable / broadly affordable / green.

My focus is on affordable housing, especially mixed-use projects that serve both residential and community needs.

Good potential for appreciation/rent growth upside as well in the next 5-10 years in my opinion with the market still being one of the most affordable in the country.

.•30-Year Fixed Mortgage Rate: 7.10%•15-Year Fixed Mortgage Rate: 7.35%•Fed Funds Rate: 5.25% - 5.50%•10-Year Treasury Yield: 4.45%•Housing Inventory: 632,000 active listings (33% with price reductions)With home affordability still a concern, any shift in rate expectations could have a major impact on both buyer demand and investor financing conditions.What Analysts Expect from This Week’s DataCPI Inflation Report (Tuesday, February 13)The Consumer Price Index (CPI) measures changes in the cost of goods and services, serving as a key indicator of inflation.

why not build in a more affordable price point. the largest two builders in America build non luxury maybe take their advice?

Can you afford to have zero possibility of a tenant for those months that you don't have it listed?

It's a super affordable real estate market where you can still find deals that hit the 1% rule and positive cash flow/great cap rates.

But if it's someone famous it makes it even a harder no because you clearly can afford it.