Major Shift Alert: Prepare for Massive Change in Midterm Rental Market
Summary
The midterm rental (MTR) market is shifting from a landlord's market to a tenant's market, particularly in the 'workforce' 1-bedroom category. Hosts must adapt by upgrading property aesthetics, conducting thorough market research via absorption studies, and potentially exiting underperforming arbitrage units as competition increases and travel nurse demand stabilizes.
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Curated by Learn STR by GoStudioM