Still, the move raises worries about encouraging homeowners to borrow more based on the unpredictable tourism industry."

It's a bit of a different story between "vacation/relaxation/nature/sports" spots and "holiday/tourism" places. 

To elaborate on @Lucas Carl's point - cities/towns that are driven by tourism are inherently more friendly to the STR market, as a large part of their economy is already driven by vacation rentals.  

I'm based out of state and interested in getting into Vegas during the potential downturn, as I'm bullish on the market long term once tourism returns.What areas in Vegas do you invest in and why? 

Catskill has some plans for jobs and tourism (hopefully they come to fruition) and now may be a good time to get in. 

The town thrives on tourism. 

For those investors that like Orlando @Sky Mikesell @Matthew Rollo @Alice Horn @Neil Rivera Llena I am really curious to see if you think my concerns are justified or if they are just noise.1) Single industry-focused economy (Disney World & tourism).

While it will always be dependent on tourism, Las Vegas can attract more than just high rollers and gamblers now.

The tourism between the Yellowstone National Park to Glacier National Park has tourism in the millions of visitors each year making the Kalispell area ripe for investment.

Amongst a ton of tourism.