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
15 Biggest Vulnerabilities Other People Exploit
Family, friends, partners, your colleagues, your boss; it can be hard to believe that any of these people would exploit your vulnerabilities, but they do. Sometimes it’s intentional and they want to gain something from you; sometimes it’s unintentional an…
Warren Buffett: "Rule #1: Never lose money. Rule #2: Never forget rule #1."
Warren Buffett: The first rule of investment is: Don’t lose. And the second rule of investment is: Don’t forget the first rule. And that’s all the rules there are. I mean, if you buy things for far below what they’re worth, and you buy a group of them, yo…
David Zeevi on Personalized Nutrition Based on Your Gut Microbiome
So today, we have David CV on the podcasts, and you are an author on many papers. But the paper that I initially contacted you about is called “Personalized Nutrition by Prediction of Glycemic Responses,” and this is a quick summary: people eating identic…
Estimating adding and subtracting 3 digit numbers
[Instructor] What we’re going to do in this video is get some practice estimating adding and subtracting three digit numbers. And so here it says 398 plus 251 is, and this squiggly equal sign means we just need to make an estimate. We wanna know what is…
How to lose all your friends in life
Have you ever thought to yourself, “Damn, I have way too many friends. I am so popular; I need to start getting rid of people.” Well, in this tutorial, I’m going to teach you how to make everybody you know and love slowly drift away from you over the cour…
Who Will Win The Election?
Look, if Trump wins, we got to go long energy because the PS are the lowest of the all 11 sectors of the economy. It has been crushed by regulation, and I think it’ll be deregulated because of his idea of using lower energy prices to get inflation down. T…