I think demand for rooms will remain high as inflation impacts people. 

Inflation will skyrocket in the 4th quarter.

If adjusted for inflation, that $500,000 exemption would be approximately $985,000 today.

Georgia Amendment 1, which authorizes the General Assembly to implement a statewide homestead property tax exemption, has far-reaching implications for both current homeowners and the broader real estate market.Short-Term Positive Impacts for HomeownersThe primary benefit of Amendment 1 is the cap it places on the annual increase in a home’s assessed value, limiting it to the statewide inflation rate.

Inflation is already going back up due to Trumps policies. 

Inflation continues to be elevated, even if it's under the 2022 levels. 

What I do think and this is just my 2 cent opinion is I do not think we will see steep drops, I think we will see some softening in areas over the next few years where we do not get appreciation - which with inflation still going strong will essentially lead to pricing staying the same / lowering slightly between now and 2027ish which with cost of dollar not going as far will be essentially the same as salaries etc. catching up to home prices.Hope that makes sense. 

.- The appreciation in that market is pretty good and exceeds inflation. 

Setting rent significantly above FMV could be seen as an attempt to shift income or inflate deductions, leading to potential penalties.

In a world of constant inflation, maintaining your lifestyle over time requires an income that meets four key criteria:Rent Growth Must Outpace InflationIf a basket of goods costs $100 today, in ten years, with 5% annual inflation, that basket will cost $162.