re: Rental properties - Sandestin, Seaside, Seagrove, Water color

quote:

---

Honestly, and don’t take this the wrong way, but my feeling is that places like orange beach, Pensacola, ft Walton suffer first particularly on the rental income. Those the pride elasticity is there as with recessions those folks aren’t spending as much or vacationing as much. It SEEMS like places like seaside and water color tend to attract the more higher ticket vacationer and thus aren’t as prone to recession and price elasticity.

Interested to hear others take on that though.

---

This is definitely true. The highest demand is 30A to Destin beachfront, then the same off the beach, then you move on to PCB, Navarre, Pensacola. Etc. OB probably is around PCB in demand. Not a lot of people go to PCB or OB due to preference, is more because its cheaper for not much less if you don't care to hang with the Jones'. So yes realistically in a recession it would be affected in reverse order.

But, there's plenty of places off the beach on 30A and destin area that have crazy high prices right now that would crash pretty hard.

The benefit that 30A has seen though, is that you can basically ALWAYS go there no matter what's going on in the world.