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
_-substitution: definite integrals | AP Calculus AB | Khan Academy
What we’re going to do in this video is get some practice applying u-substitution to definite integrals. So let’s say we have the integral. So we’re going to go from x equals 1 to x equals 2, and the integral is (2x \times (x^2 + 1)^3 \, dx). So, I alrea…
The Art of Meditation (animated video)
What is meditation and how can we use meditation to alleviate our suffering and achieve peace of mind? It’s probably a bit more complicated than most people think. When we meditate, we watch our thoughts while focusing our attention on a certain anchor t…
How I'm Investing In 2022
What’s up guys, it’s Graham here. So for a lot of us, 2022 is probably going to be one of the most confusing years of investing. After all, with interest rates beginning to increase, there’s the concern that stocks might begin to decline. Real estate inve…
Greening of Pittsburgh | Podcast | Overheard at National Geographic
Hi, I’m Davar Ardelon of Overheard, and this week we have something new for you: the story of three climate change problem solvers in the city of Pittsburgh. Today’s episode comes by way of storyteller Matt Scott of Project Drawdown. His reporting in the …
How Much Is A Bird in The Hand Worth?
Hey, Vsauce. Michael here. And as they say, “a bird in the hand is worth two in the bush.” What it means is that it’s better to have a certain advantage than to have nothing, except the possibility of a greater one. But two birds in the bush? Who calcula…
DINOSAUR SCIENCE! feat. Chris Pratt and Jack Horner
Hey, Vsauce. Michael here. What are monsters? Scary, unnatural things? Yes, but they’re more than that and we knew that back when we named them. The word monster comes from the same root word as demonstrate and demonstrative, monere, meaning to teach, to …