One wonders how they expected their tourism industry in Alberta and BC to survive so long.

The ONLY way a country can do QT is only when real economic growth is in huge expanding, if their ISM is going for growth then yes do QT, but a country that's on deficit budget they can't do tight QT.Today, the 10 year yield of Vietnam is lower than US , I still don't understand the level of idi**tic policy that this country had.

There's a fair amount of retirement/vacation home/tourism money there, so you may be able to build up a good practice.If your ultimate goal in/near NYC, why not look at the NY suburbs?

Most of the towns here don't regulate vacation rentals and want the tourism dollars.

How do locals perceive that area in terms of tourism?

I’d love to invest in RRG STRs and hopefully help bring more tourism to this beautiful area and its people.

This is not a far-fetched scenario as it happened in Maimi Beach, a popular tourism destination and promising short-term rental market.

There are cities that embrace tourism. 

(its a little hot here, like death valley hot... but the river and casinos are a big draw for the snow bird population and tourism is crazy here.

But best to have reserves yourself because it is likely to be a while before tourism recovers fully here.Best of luck,--Paul