yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

How AirBnb will Crash the Housing Market


less than 1m read
·Nov 7, 2024

Here's how Airbnb could crash the U.S. housing market.

There are over 1 million properties listed on Airbnb here in the United States. In recent years, there's been a huge trend of small investors buying single-family houses to then list on short-term rental sites like Airbnb. Owners of these properties have made a ton of money over the past two years as demand for travel has been strong.

Oh, but things are changing. Consumers are getting hit with inflation, and consumers have less savings to spend on luxuries like travel. Many owners of these properties use a special type of loan to make this investment: a vacation property loan. These loans only require as little as five percent down compared to the normal investment property loan of 25 percent down.

If bookings slow down from historical highs, these small-time investors could quickly drain their reserves. Assuming even one-third of the million Airbnb properties have to be sold, that will more than double the supply of housing units on the market from Spring of 2022 levels.

This much inventory flooding the market, combined with the highest mortgage interest rate in decades, will put downward pressure on the housing market. Check out the full video on my channel for more. It's linked in the comments and video description here.

More Articles

View All
The ONE thing most Millionaires do that makes them Millionaires
What’s up, you guys? It’s Graham here. So, this is something that so many people seem to miss entirely or just don’t fully understand. This is also something that the most financially successful people all seem to do on autopilot without ever even thinkin…
The Most Important Things That Make or Break a Good Life
Hello Elixers and welcome back to our channel! This video is for everybody, regardless of where you are in your life, sort of a back to basics. You know, it’s good to have a refresher once in a while. We know you’ll love this one. Welcome to Alux! Now, …
Bill Belichick & Ray Dalio on Identifying and Addressing Mistakes: Part 1
Bill, what you do? You have a game Sunday, and you come and you look at the videos, and you look at the mistakes made, and you analyze the mistakes made and how to get better, right? Yes, we do an assessment after every game. We do an assessment after ea…
The World in UV
Hey, you look purple! I guess I should come clean. Can you smile for me? Eating my two front teeth are fake. Oh my god, they’re purple! And fake teeth look different than real teeth in the ultraviolet. That’s crazy! [Music] [Applause] [Music] At first g…
Homeroom with Sal & Jonathan Haidt - Wednesday, July 1
Hi everyone! Welcome to our daily homeroom livestream. For those of you who are wondering what this is, this is something we started a few months ago. It’s really just a way to stay connected, have interesting conversations about education and other topic…
How to Win Every Argument
Like many of you, I spend a lot of time imagining arguments in my head. I have my opinion going in, and my imaginary opponent has theirs. I pretty much always win, and my opponent graciously admits defeat and changes their opinion on whatever subject. It’…