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
Ron Howard and Brian Grazer Talk 'Genius' | National Geographic
I’m Ron. I’m Brian, and we’re here to talk to you about National Geographic’s first scripted show on genius. We’re focusing on Albert Einstein: 10 episodes that encompass his entire life. We, as contemporary people in this contemporary civilization that …
Feeding the Cheetah Triplets | Magic of Disney's Animal Kingdom
I don’t go to the gym very often. It’s a real workout. Gotta come and shift the girls in. So every single day we’re doing this trek in the land of Africa. Five-year-old cheetah triplets Maathai, Murie, and Fossey wait for keeper Dominique to serve breakf…
Worked examples: Definite integral properties 2 | AP Calculus AB | Khan Academy
So what we’re going to do in this video is several examples where we evaluate expressions with definite integrals. Right over here we have the definite integral from -2 to 3 of 2 F of x DX plus the definite integral from 3 to 7 of 3 F of x DX. All we know…
Everything About Grain Bins (Farmers are Geniuses) - Smarter Every Day 218
Holy cow, there’s a lot going on here! Hey, it’s me, Destin. Welcome back to Smarter Everyday. When you eat today, that’s food going to get to your plate from a field like this, and before it gets in that field, it’s going to pass through the hand and the…
Stem cells and differentiation | From cells to organisms | High school biology | Khan Academy
To me, one of the most fascinating ideas in biology is that we all started as a fertilized egg. So, that is a cell right over there. And then, through many, many divisions, all of a sudden—I wouldn’t say all of a sudden; it takes many months to develop ev…
The Dark Side of Kindness: 8 Unexpected Drawbacks | STOICISM INSIGHTS
In a world that celebrates kindness and generosity, we often overlook the potential downsides of being excessively giving. Today, we’ll explore the unexpected ways in which boundless generosity can harm you. In this episode, we’ll delve into the darker si…