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Prices are already down in many places, and it's only been 5 months since rates started rising.

Many factors to supply imbalance. Look at the increase in the amount of Airbnbs since 2010.

People might be reluctant to sell, but they might need to when they can't rent, Airbnb, or lose their job.




I do wonder how many people can afford that vacation home without making use of Airbnb (or other vacation rental type system) to help with the payments...




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