[Randall55]

Originally Posted by Papa_lecki

Home’s are priced lower due to interest rates - you can afford a lot more at 2.3% vs 7.3%.
If you refinanced in 2018, you’re not moving. When rates come down, prices will go up.

The AirBNB “bubble” is purely a function of 1) people buying a home during covid for remote work, then being asked to come back in the office, so they AirBnB’d the home - too much inventory and 2) inflation making vacations not affordable. So ABNB homes in resorts (Orlando, Jersey Shore, San DIego) have high vacancy rates, and owners can’t afford to hold them.

ABNB in the Villages is a different economy, people are still coming here (it’s not really a resort). Actually, the economy will make ABNB more valuable here, no need to buy a house for a 2 month snowbird visit, just ABNB.

We shall see. None of us have a crystal ball. If we did, we would all be rich.