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
My BEST techniques for a successful Open House
What’s up you guys! It’s Grand here. So, I’m finishing up an open house right now, and I thought, what better time than right now to make a video about how to hold an open house? So, I’m going to be sharing my tips, my tricks, and some of the things that …
5 Good Philosophies To Live By
Pay attention to what we’re about to tell you now because this is really important. There are many ways in which you can experience life, but not all of them will bring the same amount of joy, peace, and fulfillment when the game is finally over. In fact,…
Understanding equivalent ratios
We’re told that Burger Barn makes dipping sauce by mixing two spoonfuls of honey with one half spoonful of mustard. Sandwich Town makes dipping sauce by mixing four spoonfuls of honey with one spoonful of mustard. Which dipping sauce has a stronger mustar…
Highest Resolution Machu Picchu Picture Ever Taken- Smarter Every Day 66
Hey, it’s me Destin. Welcome back to Smarter Every Day! So today, we’re in Peru. It’s pretty awesome. We’ve assembled a team of people, and we’re going to capture Machu Picchu in the highest resolution photo that’s ever been made of it. We’re gonna let yo…
If You Know These 15 Words, Your English is EXCELLENT!
I’ve got 15 words - and if you know all of them, your English vocab is better than 97% of people worldwide. In other words, you’re an English vocab pro. So, do you think you’re in the top 3% of English speakers? Let’s find out. Here’s how this is going to…
Would You Fight For Your Country?
[Music] Imagine waking up one morning to a world devastated by nuclear winter. Outside, there’s smoke so thick that you can’t see the sun. Sludge runs from your taps instead of water, and you survive on rations of canned goods from a better time. Factions…