There are also lots of restrictions with HOA but if you understand the rules and what you can and can't do the rest is just supply and demand.

Long story short, had to scramble to unwind the deal with less than 2 hours left on my finance contingency by the time the lender supplied the required letter saying they can't fund the loan and almost lost my ~$12k EMD because they cleared my condo docs to closed without reviewing it.

Over the past couple of years we've seen that nearly clear, and with the current global uncertainty I wouldn't be surprised if investors who had interest in branching out to smaller, more up and coming markets, start to fall back on the larger staple gateway markets of NYC, Miami, LA.

The lack of supply of rentals that allow pets makes the length of stay longer for tenants with pets. 

There is far more demand than supply and people from California and other states keep moving here and they are snatching up the houses as soon as they hit the market.

Institutional\Wall Street companies are also driving up SFH, too, by reducing supply and selling them over and over to each other for a profit. 

The other thing to remember is housing prices are the result of supply versus demand.

@Maria D'Aura When it comes to self-storage, it's all about supply and demand.

The market has been hot.. then COVID hit and it sort of paused.. and now we're dealing with very little supply and bidding wars.

Definitely low supply here in MA and high demand of buyers as well as renters.