They also need to be flexible in where they live, if they want to own-eg if you insist on living in NY city vs being flexible and moving to a less expensive city, you're going to have a higher chance of owning a home.People also need to look at their finances and where the money is going-new cars, eating out frequently, expensive vacations, disposable life style, etc. 

Depending on your goals, this might be a nice vacation property and to diversify your portfolio.

.-- 5br+ vacation rental for big groups.The good-enough but bland 3br cabin just doesn't cut it anymore.

So while the luxury market exists, the bread and butter here is still affordable housing that appeals to students, staff, and young families tied to the university.To me, this highlights how steady and resilient a college-town market can be — even with more inventory, prices are still pushing upward.Here’s my question for the community:For those of you who’ve invested near universities before — how does College Station compare to other college towns you’ve looked at?

Quote from @Marc Young: I'm looking to buy a STR/vacation home around Destin/30a.

Who wants to be woke up early while on vacation?

The primary purpose of this purchase is to be a summer vacation home for us to spend summers with our kids there and then short term lease it throughout the year.

(Listed on several sites, but most traffic came through here)Just partnered with big Vacation Rental PM last week.

Also consider that what you're offering will then require that they SPEND money that they'll have to get from some other job(s) to take this beach vacation. 

My wife and I bought a lake house in 2021 and jumped into the luxury STR business while also enjoying the property as a family vacation home.