As far as supply and demand, once many of the rentals shut down (if the county actually enforces the bill) then yes there would be more demand for all STRs.

Tenant shall be subject to a fine of $ _____________________ for any violation of thisparagraph, and Tenant agrees to pay any such fine upon receipt of Landlord’s demand therefor.

If not, then you have your attorney cancel for breach of contract, and demand the return of the EMd.

That should boost future loan demand — for both purchases and refinances.

I think Bend is a top place for STR as there is multi-seasonal demand and is a city with a lot of growth.

Because households are smaller today vs 20 yrs ago due to delay in marriage and child bearing smaller units are in more demand because of need and affordability.   

Here’s a quick breakdown of your options:Option 1: Sell and Buy Cheaper House with CashPros: No mortgage, no interest payments.Cons: Older homes, more repairs, possibly worse neighborhoods.Option 2:Use Proceeds as Down Payment on Better HousePros: Newer, fewer repairs, better neighborhoods.Cons: High mortgage interest rates, higher monthly payments.Option 3: Refinance and Rent Out Mobile HomePros: Rental income, keep property, can still buy another home.Cons:Landlord responsibilities, high refinance interest rates, market fluctuations.Consider market trends, rental demand, and your financial goals.

Starting to see a lot of pent up demand that will likely boom when rates finally come down

This biggest thing that helps Lexington overcome Louisville (IMO) is that the supply and demand is greatly affected by the urban service boundary.

Rents have gone up because demand has.