The thing that worries me is what covid has done to our tourism the past two years.

This is also another factor of the local market because rental housing inventory is low and rents are high right now.   4) Because the economy is performing well and people have confidence in their financial futures, travel and tourism continues to thrive and thus our hotel.At any time, our local market can and will change and then we'll adjust our strategy for any new purchases based on the current dynamics.Hope this helps.... it's definitely a "it depends" kind of answer :) 

When I evaluate a market, I look at it's economic base for future growth (i.e. industries, military, tourism) - obviously, the potential for strong future growth will usually translate into stronger demand for real estate...I also look RE growth potential contrasted to what has inhibited past growth - for example, it the community land locked, controlled by environmental regs, lack of water, etc...

Vacancy rates in the commercial space in Berlin have sunk by a staggering 30% in 201610.Tourism in BerlinAdditionally, their is an upswing in the hotel / hospitality industries.

Even the legitimate owner if he has a good year and makes 450k And is single he could very easily say he made 250k which would save him tax money but also give him enough credibility to buy a nice car house etc.....Colorado is smart I'm sure they thought about it all and they are still making good tax money not to mention the jobs and tourism.

With Denvers amount of tourism and expensive cost of living it only makes sense that cities would start moving towards this. 

For example, is this primarily an issue in urban areas or are you seeing this in regional tourism destinations too? 

Right now I live in the Yukon territory and usually work here full time during my summers at a tourism company in town.

and finding good service providers for good prices would be easy for them.Sanibel is a tourist town with reliable year-round tourism.

I'd like to see them utilize it better to share the history and cater to the tourism.