Population growth during the pandemic HAD to be a little elastic, meaning not everyone would stay.

Inflation is sitting around 8.3%:Mortgage rates are the highest they’ve been in well over a decade, with a 30-year fixed sitting around 5.25% for prime borrowers:The median single-family home in Austin is now selling in the $650k range, roughly 42% higher then the 2020 median:As the Federal Reserve takes action to combat inflation, the pandemic bull run in US equity markets stumbled significantly, with the S&P 500 currently down 17-18% on the year:Russia’s invasion of Ukraine continues to create geopolitical uncertainty:Against this backdrop, the April 2022 market report from the Austin Board of Realtors shows a strong sellers market that is mostly holding steady from an inventory and sales volume perspective.

@Josh Lang The ones that I own in Pittsburgh were at about 65% until the pandemic. 

But, pandemic hit and tenants are waiting on the Fulton courts to open and tell them to leave.

LP Hotel/Office Syndication (avoid at all cost)Amazingly, my hotel syndications have performed admirably through the pandemic.

By combining the properties, the Valley residents will have immediate access to the amenities at Dalton Beach Club Dalton, GA is a submarket of Chattanooga, TN (Booming market) Average occupancy of 96% with less than 1% delinquency through the pandemic (Housing shortage) Major flooring manufacturing hub What made you interested in investing in this type of deal?

They also stay a long time.If they tenant loses their job due to let's say a pandemic, section 8 will make up the rest of the rent to keep you whole. 

We’re seeing more new homes on the market now than at the same time in 2019, pre-pandemic.📈 Inventory Gaining Momentum:There’s a better inventory of homes now at the end of September than at the start.

pid=1999Houston Real Estate Highlights in October, 2023:-Single-family home sales fell 3.4 percent year-over-year, the smallest one-month sales drop of 2023 and the 19th consecutive month of declines;-Compared to October 2019, before the pandemic, sales were down 11.3 percent, and compared to October 2018, five years back, they were down 4.6 percent;-Days on Market (DOM) for single-family homes rose from 43 to 47 days;-Total property sales fell 4.3 percent with 7,825 units sold;-Total dollar volume dropped 2.6 percent to $2.98 billion;-The single-family median price fell a fractional 0.9 percent to $327,000;-The single-family average price rose a fractional 0.4 percent to $403,556; -Single-family home months of inventory registered a 3.6-months supply, up from 2.8 months a year earlier – the highest level since November 2019 when it also was 3.6 months;-Townhome/condominium sales experienced their 17th straight monthly decline, falling 16.4 percent, with the median price up 6.6 percent to $239,900 and the average price up 1.2 percent to $272,597;-Compared to pre-pandemic 2019, townhome and condominium sales were down 10.5 percent.

AirBNB has a substantial post-pandemic boom period but that surge has since come to an end.