Additionally, the supply of homes for sale is constrained because of this and will be for some time putting upward pressure on prices in most markets.Thinking about renting your house in Seattle would be wise as someone else will pay the mortgage down, and rents and the value of the property will go up over time.

Those types of conversations or tactics are now going to be regulated.   

This imbalance intensifies buyer competition, driving up home prices as demand outstrips supply.2.

Limited labor and resources : Unlike the catastrophic fires in Lahaina Hawaii there are significant resources in Los Angeles to contribute to recover, but quality contractors, tradesman, plumbers, electricians and laborers have long been in short supply.

I'm looking to buy a house in the St Pete market & have read zoning regulations, articles about STR (anything less than 30 days) and have discussed with my realtor.  

., $300 for paint and supplies) and add a fair hourly rate for labor.

I’m not sure all of the regulations/rules to this in PA though.

I was thinking he supplies the down payment and acts as a silent partner.

That gets worse as you get farther out of the cityTLDR: values depreciate, inflation has gone basically nowhere in Japan for a long time, the supply of housing is pretty good compared to demand (unlike the US) and that's because of flexibility with rezoning and development, taxes on rental income are high. 

I can't tell the future, I just will tell you markets behave when supply and demand are close(r) to be met.