Trying to offset the baby-overhead.I think the extreme example of the entire community going short term could hurt value, but more options for these homeowners to make money on their best assets could be a selling point! 

Some of the high earners still living here obviously can still afford to buy (for example, they just had a baby and want to upgrade from their condo to a SFH). 

BUT...we could keep putting the profit back into the (Roth) se401k until it was time for official retirement...and yes think rate of return would be the market over time.We could arrange an investment property from an SE401k and still have a reasonable roth401k...it would put a dent into the balance, but not wipe it out.

It's like telling a stranger how you want them to raise your baby... from 7 states away. 

It is also supposed to be charged to single family / duplex / smaller properties units but I believe that the city did not bother as the cost of printing and mailings alone would have wiped out any positive revenue generation (notification, followup, permit issuance, etc).Last year EC jacked up the rate to $100 per unit and were challenged in court.

It’s all written in the contract in plain English as to what happens and where the money should go if the seller is dumb enough to allow this to fall apart.I had one in allentown ( I am the seller) buyer backs out literally last day.. and while not an appraisal issue point fingers at my agent.they want their 10k back I say go pound sand... we go to mediation pretty quickly my agent represents me since i am in Oregon. and we split the baby down the middles cost me a thousand to go to mediation got 5k netted 4k sell to next person. 

We are not naturally better at anything, with the exception of having babies. 

If you are not well capitalized, a couple of special assessments could wipe you out.

And it's not driving anyone away because OOS investors are still coming into the area in droves and paying prices no local person would.When I was just a wee baby landlord, I thought these things were normal until I started talking to other investors from other parts of the state/country. 

When investors first start out, they are "baby investors."