Started By
Message

re: COVID impact to Vacation Rental Property Market

Posted on 4/3/20 at 10:52 am to
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 4/3/20 at 10:52 am to
Too soon to see current effects. It may take up to a year to see bottom prices.
Posted by baldona
Florida
Member since Feb 2016
20514 posts
Posted on 4/3/20 at 11:06 am to
Something like 80% are bought with cash. Stock market is down bigly, realistically if the beaches open sometime early to mid summer the vacation rentals will still likely be in the black for the year though likely barely.

There will definitely be some stuff that is fire sold just because owners need the money. By and large though I don't expect a huge drop in prices at this point.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram