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
Mohenjo Daro 101 | National Geographic
[Music] The ancient city of Mohenjo-Daro is one of the first urban centers in human history. Nestled in southern Pakistan’s Indus River Valley, Mohenjo-Daro is the largest and best-preserved city of the Indus civilization, the earliest known civilization …
How Close We've Come to Nuclear War
Ever since the invention of nuclear weapons, humanity has almost accidentally destroyed itself many times over. This is a video about just some of those times. (rocket whooshing) It’s about nuclear bombs and missiles accidentally detonating. It’s about hy…
Second derivatives (implicit equations): find expression | AP Calculus AB | Khan Academy
Let’s say that we’re given the equation that (y^2 - x^2 = 4), and our goal is to find the second derivative of (y) with respect to (x). We want to find an expression for it in terms of (x) and (y). So pause this video and see if you can work through this.…
Safari Live - Day 222 | National Geographic
This program features live coverage of an African safari and may include animal kills and carcasses. Viewer discretion is advised. This is why the inclusion of McBride is such a firm favorite. [Music] It just looks ready for a fight; this is still her ter…
The Magic of Butterfly Scales - Part 1 - Smarter Every Day 104
Hey, it’s me Destin, welcome back to Smarter Every Day. So have you ever seen something in your life that was so incredibly beautiful that you just did not understand how it could exist in this physical world with you? And the more you get close to it, th…
DON'T START YOUTUBE BEFORE WATCHING THIS!
Lesson one. Clickbaity titles. Gotchu! Didn’t I? Smash like! When people ask what I do for a living, older people, basically, and I say I do YouTube, I’m always met with, “Oh! That must be amazing!” “You must earn a lot of money!” Or, “It must be so cool…