The area is also geographically constrained between the Great Salt Lake, Utah Lake, and the Wasatch Mountains, leading to the low supply in housing.The geography reminds me of coastal cities like Los Angeles, which are usually sandwiched between the ocean and the mountains.

Hey Gavin, great question.Tariffs can certainly impact the economy, but real estate markets tend to respond in more nuanced ways depending on location, supply-demand dynamics, and investor sentiment rather than broad, immediate declines.A few things to consider:Local Market Fundamentals – Instead of assuming a market-wide drop, look at how tariffs might specifically affect your market in Beaverton, OR.

In comparison my home market Milwaukee County has 1 month supply and a total of 651 homes listed for sale. 

Wei credited President Donald Trump for the projects, which will include a new Arizona R&D center — a critical part of the technology supply chain that the company has never moved outside of Taiwan.

6 months supply is what's considered a normal market.

I think everyone's situation is different, and when one crafts their buy box, they need to consider their current family and finances.For me, when I started, I wanted to buy 2-4 unit distressed properties in neighborhoods I wanted to live. 

Wei credited President Donald Trump for the projects, which will include a new Arizona R&D center — a critical part of the technology supply chain that the company has never moved outside of Taiwan.

Management & Leasing FeesManagement Fee: 10% of the monthly rent = $180/monthLeasing Fee (Tenant Placement): 60% of one month’s rent = $1,080 (one-time)Lease Renewal Fee: $250 per lease renewalUpfront & Annual FeesOnboarding Fee: $350 (one-time for setting up the property)Annual Administrative Fee: $45 per year (for statements and 1099s)Reserve Fund Requirement: $300 (held for maintenance and expenses)Maintenance & RepairsOrdinary Maintenance: Any repair costs exceeding $300 require owner approval.Emergency Repairs: Up to $300 without prior approval; HVAC, plumbing, and electrical repairs can go up to $500 without approval.Home Warranty Claim Handling: $40 per claim (if applicable).Multiple Quotes Request Fee: $100 per request if you require multiple vendor quotes.HVAC Filter Supply Fee: $195 per year per HVAC unit.Repairs & Improvements: 10% markup over vendor invoice cost.Additional FeesInterest on Unpaid Sums: 10% late fee with a $39 minimum per month.Paper Check Administrative Fee: $20 per check if not using direct deposit.Insurance Documentation Penalty: $40 per month if proof of insurance is not provided.Eviction Protection Program (Optional): $15/monthProperty Damage Protection Program (Optional): $25/monthTermination FeesEarly Termination Fee: Equal to the management fees for the remaining lease term.Vacant Property Termination Fee: $500 if no tenant is in place.Transfer to Another Manager: $500 file transfer fee. 

. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal:  $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses. 

That's it, more units for the # of demand or less demand to better fit the supply.