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712: Has the Short-Term Rental Goldmine Run Dry? w/AirDNA’s Jamie Lane

BiggerPockets Real Estate Podcast

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What Are Your Thoughts on Supply Growth?

I think we knew going into it that this wasn't normal, right? And most of our properties outperformed our projections because we were using 2019 data when we projected what 2020 was going to look like. We actually that's where we saw the most supply come out as people and demand wasn't there. People took their short term rentals and they converted them to long term. I think that was a lot of people sort of back up plan during the pandemic. It played out and supply in urban areas is still 20% below 2019 levels. So there's some great opportunity to some of these these urban cities. The big surprise over the past really three years has been all the growth we've

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