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
Ireland’s Underwater World | National Geographic
[Music] [Applause] [Music] The first time I saw it, I just thought, “Oh, how my father would have loved this.” Growing up, I was mesmerized by Cousteau films from the underwater world, and I thought, “Well, that couldn’t be Ireland; that must be some exot…
Hippos Eating Watermelon | Magic of Disney's Animal Kingdom
The sun shines at Disney’s Animal Kingdom theme park, and at the Kilimanjaro Safaris, the hippos prepare for breakfast. Tequila lives in a blowout of six hippos, one of the largest in managed care. Every day when the hippos come out, we like to do a littl…
Example finding critical t value
We are asked what is the critical value t star (t asterix) for constructing a 98% confidence interval for the mean from a sample size of n, which is equal to 15 observations. So just as a reminder of what’s going on here, you have some population. There’…
Matrix Theory: Relativity Without Relative Space or Time
[Music] Let us consider a classic relativity scenario. Your friend gets on a rocket ship and blasts off towards Mars at nearly the speed of light. During this journey, his clocks tick slower, his lengths contract, and when he arrives at his destination, h…
WHICH PLAYER SHOULD I CHANGE? | Maresca hits back at calls for more Chelsea substitutes
Must proved a very frustrating end to the afternoon for you, and what does it tell you about your Chelsea team? No, yeah, as I said, I just said that probably we did enough to win the game today. Between the first half and second half, I think we created…
A collection of my best advice on meditation
I’m so glad that some of our conversations are on meditation. I have a number of questions that I get on meditation. Uh, what type? There are just many, many, many types of meditation, and I suppose they’re probably almost all good. I’ve only experienced…