As much pressure as interest rates put on wage growth, the demand for a shrinking pool of talent is still there.

Not sure about towing a back hoe but a bobcat should be no issue.. and just like ICE vehicles you put big weight behind them and the mileage shrinks noticeably. 

Because we can't put our heads together to decided whether or not to pay off our credit card debt, first.When I was married to my 2nd wife, I went to a shrink with her no less than 2 times every week for every 18 years. 

This has sent the ratio of occupied square footage per employed worker plummeting to 8% below what it was entering 2020, accelerating a decade-long trend of shrinking space-per-worker requirements.Recent market and secular trends suggest that stagnant demand is likely to linger and that space-per-worker requirements could shrink even further.

The pool of STR's and possible STR's is shrinking as the city continues to maintain their current zoning criteria. 

I wish I was one of them.As risk premium shrinks, real estate becomes "riskier" and returns drop.  

Between state tax, occupancy tax, and the price to entry- the profit shrinks.

In other words - most all real estate will appreciate over time, but how much time are YOU able to wait for that appreciation, if you happened to buy a relatively high price property at the top of the market, in a time with high demand and low inventory, in an area of a shrinking population you may be waiting a while (many years) for it to get back to even ...hopefully.

As I have combing through potential deals and analysis, I have found that a combination of lack of cashflow, high property taxes, shrinking population and virtually nothing to attract potential tenants in much of the state is making out-of-state investing seem like a much better bet to a smaller, beginner investor looking to keep costs low and scale gradually through buy and hold. 

With 5% to 7% returns public interest (the outer shell of the BP comunity) might shrink again over the next years.