Gaius
16
Late Obama era, two major things happened to change the local real estate scene. One was that summer rental became so profitable that all the owners moved inland.
Used to be: live in one unit, rent-out the other 1-5.
Now: live inland and rent-out all of them.
In a short period every owner occupant was looking to by a house inland and ithad a very substantal impact on prices. (And now the place is REALLY like a ghost town in winter.)