I was unable to sell it to the rapidly declining market conditions in 2008.

They were founded in Oregon (primarily on the Coast) and have grown rapidly into a unicorn public company as the largest vacation rental PM in the world* for vacation rental owners.

Other lower barrier markets like Grand Rapids, Cheyenne, Rochester, maybe some other midwest markets. 

It's crucial to note that the STR market is not collapsing; rather, it is going through a natural evolution. 

Columbus is the only Ohio market that has seen rapid growth in jobs and population.

This only makes sense if you are in a rapidly appreciating market or location allowing you to refinance, or HELOC, getting more cash out in a reasonable period of time.

It appears the bond market continues to call BS, remaining dubious that inflation will come down rapidly (or potential labor market weakening).And those traders may be right, at least for now.Fed Fund futures are now pricing in ~4 rate cuts in 2024, down from 6+, which it has fluctuated around the past few months.

This will create thousands of additional jobs, bringing more people to the city and increasing housing demand.In ConclusionWith a fixed supply of properties in the range of $320,000 to $475,000, a rapidly growing population, and a growing number of jobs, it is almost certain that rents and prices will increase in the foreseeable future.Thanks for reading my post.

The technology is improving rapidly.

I'm far from an insider on local politics, but my impression is that the hotel industry has a heavy hand in city planning, which IMO stifles some of the intiatives that would potentially preserve our quality of life despite the rapid growth.