It is also true that if the appreciation (market and rent) were to end, the return would suck.The appreciation has far out paced inflation for over 50 years and there is a housing shortage so it seems like at a minimum rent appreciation seems to be a good bet in the near term (<5 years). 

There's plenty of people flouting the rules, but I don't recommend it -- at any time they could address their housing shortage by cracking down on STR heavily. 

This has caused at least 3 major problems: 1) the market is now oversaturated with Airbnbs, 2) rental rates have come down bc of so much competition, 3) there's a dire shortage of workers available to service the huge increase in the # of Airbnbs.Wait times are often a month or longer for service providers.

We have a chronic housing shortage, which results in an extremely hot rental market, but it also makes buying very competitive.

It's in a popular year-round tourist destination with a shortage of hotels and heavy restrictions on STRs. 

The current leverage my family has is their home equity, but I honestly plan to invest within the next year due to capital shortage.

I think we’re still going to face a shortage problem until rates and inflation comes down.

The current leverage my family has is their home equity, but I honestly plan to invest within the next year due to capital shortage.

The current leverage my family has is their home equity, but I honestly plan to invest within the next year due to capital shortage.

The current leverage my family has is their home equity, but I honestly plan to invest within the next year due to capital shortage.