Since supply is less than demand, homes will be higher priced and more attractive to the sellers in the market.

But all in all the quality of new housing developed during that period is subpar : cheaply built and poorly designed.On the other hand, the Altbau (pre 1953 construction) inventory in the East remain significantly more attractive.

The vacationer with a minimum of a 1-week stay?

We are ultimately very satisfied with our floors and have put the 3 coats of satin poly to protect the floors and not give too much gloss, which would attract too much attention to the floors.

But 3 fewer days of vacancy alone pays for this cost, plus the incalculable reward of attracting the best tenants.  

I believe our city ordinance on tiny homes is actually anywhere from 120 sq. ft. to 900 sq. ft. so maybe this will attract developers/builders that are looking for a little more freedom within that tiny home designation.

Tends to attract a younger /trendy crowd.1REClub- http://jimmyvreed.com/network/...

Was wondering what attracted you to Dayton (besides your husbands job connection).

From the pool of inquiries, there would have been much more applicants except I let people know that there were already too many applicants AND that they MUST meet my criteria of over 700 Credit Score, 45 times monthly rent AND have a healthy savings account to weather the lockdown.I chose the best applicant who made $200k per year and had $200k in savings as well as over 700 FICO.Apts like mine in buildings like mine are incredibly desireable now.Basically, there's a huge problem with skyrises and Pandemics.People are afraid that if they get into an elevator that they could be trapped in a small space with someone that has the virus, which will then transmit it to them.Also, the management for the skyrise buildings are not permitting IN PERSON showings AND many are not allowing moving in or out of the building because of the risk of increasing the transmission to vulnerable tenants within their buildings.That narrows down the amount of available apts.Buildings like mine, non-Elevator walk up buildings which are low density and separate Garden Apts, are now the most desireable buildings to own in a Pandemic in NYC, as I am seeing anedotally.However, this is only true if you are in the right kind of City, where most of the buildings will be very large skyrise elevator buildings where there are huge amount of renters.Adding to the attractiveness of low density buildings is the fact that NYC is the EPICENTER of the COVID-19 pandemic.Yes, this is one single datapoint.

Also cultural and country-wise it is a very attractive option.The point though is that in the bigger cities the rental yield is not that high because the rents are not linearly increasing with the prices of properties. 3-7% is where people are already satisfied with.