We have a major house shortage and the line has been 20 people deep with great applicants for my houses.  

What started many would have said it made no sense, and now all say "oh, I wish I could find those", lol, there all over the place, I have zero shortage of them, it just takes some wisdom, foresight and a touch of patience. 

Many cities are opening up the restrictions on ADUs because of the housing shortage. 

With the massive shortage of vacation rentals in the lower peninsula or due to cost I am seeing more people willing to travel to the upper peninsula.  

I want to do long term rental in the property once completed as it looks as though Airbnb has flooded the market of late and there is a shortage of long term rentals in the area. 

So with a shortage of furnished listings available on sites like furnishedfinder, many of them turned to AirBNB.

When I started my career in 2007 (pre-financial crisis), the team I was on was targeting advisory groups that work with many family offices, all of whom were seeking real estate investment across asset classes.The biggest reason I think prices are so high and will remain high is because there is an overall housing shortage, there is limited land in areas people want to live in, there is zoning that mitigates the ability to add new supply in any meaningful way, and ultimately, it is the rise of forums like these, Instagram, all the gurus that have platforms now to sell their course to teach others how to make money in real estate.  

Home prices have shot up in the Poconos, there's very few homes for sale, there's bidding wars on the few homes that are for sale, and there's a drastic shortage of available workers.

But that's true everywhere in CA to varying degrees, hence the reason we have housing shortages in all major urban centers in CA.In the Bay Area there are many opportunity areas such as Oakland and other parts of the East Bay, the peninsula south of the City in older towns like Daly City, and in parts of Santa Clara county.

Shortage of rental housing there.