The main reason is because local governments are getting quite aggressive trying to shut down STRs and creating new taxes etc for them.

PennyMac) pull in substantial revenue from their government mortgages.

When the government provides the utility and the bill goes unpaid it can cause a lien on your property.

I only drive on the interstate when I can use my peach pass or you will sit in traffic for hours barely moving.Lots of CA and NY buyers moving away from political views and government changes they do not believe in.

With the auction, the government gets paid first (back property taxes etc), then lien holders are paid in order.

The problem is that all non-government jobs are relatively short-lived.

Maybe they were never truly permanent STRs.  2020-2022 was an anomaly due to the pandemic and massive government stimulus.

Well, history shows what happened both in terms of marginal tenants ultimately getting hurt (as did many landlords) and the Supreme Court ruling the Eviction Moratorium as unconstitutional.I see the whole idea of rent control, which is just another form of government invasion for political hopes, being bad for everyone. 

Make sure that's allowable with the governing agencies/laws. 3.

Probably the same for most BP members.Both of our bankers $25mm and $1.5mm Fed loan Cap rate said their customers are out of Covid Government money deposits, thus they, the banks, are not pushing loans now.