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OkLime8702 t1_j0rxihl wrote

Nobody wants to live in an Airbnb town either so that’s one thing. Secondly, yes it is supply and demand. 2021 and 2022 saw a massive multi year pull forward in demand while supply remained fix as it takes time to build supply. 2023 and 2024 will see a bullwhip effect of that which will be characterized by lower than average demand and finally the new supply coming to market.

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