Urban STRs are a different animal and I have more concerns about regulations than I do about long-term effects of COVID-19.That said, I think the major vacation markets will rebound, and I remain confident in my vacation rental investments.  

And, though they are certain to be extended, it is also certain there will be a huge fight in Congress over the level of generosity that's appropriate, and for how long it will last.In addition, no one knows exactly how big the rebound will be when all the economies are re-open, or whether there will be a second wave of Covid when they do.Because of all this uncertainty, buyers and sellers are far apart right now.  

It seems to me that home ownership at a reasonable price-point might be a great way to help families rebound financially and rebuild the community, while making some good money doing it.I had no problem finding modest-income home buyers with no down payment 25 years ago who jumped at the chance to possibly build their down payment through rents. 

I was set to close in late March on the sale of my multifamily property in Manhattan;  then COVID-19 hit.  The building's only tenant (condition of close) defaulted on its rent and is probably going to go bankrupt (GN...

Could the economy rebound quickly and go on another wild ride?

The anticipated rebound in retail sales will also be driven by an acceleration in the pace of vaccinations, which should allow for broader economic activity, even as the rate of decline in new COVID-19 cases has leveled off.

The market has rebounded from the crash of 2007 and the bottom of 2009 and nobody knows how high it will go or what will bring it down.  

I know they took a downturn as most parts of the country did but prices have rebounded some.

However, the rebound rate is impressive.

Third, you can live in the property, meaning that if it doesn't sell, you are no worse off than a homeowner, and get to live in your newly renovated building until the neighborhood rebounds to where you can exit.