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
Chase Adam at Startup School NY 2014
Chase Adams, the founder of Watsi. Watsi is the crowdfunding platform for healthcare that lets anyone donate as little as $5 to fund medical care for people in need. So before starting Watsi, Chase traveled, worked, and studied in more than 20 countries. …
How Bill Ackman Lost $400 Million in 90 Days
Billionaire investor Bill Ackman recently lost 400 million dollars in less than 90 days, and in this video, we’re going to talk about what happened. Ackman is one of the most closely followed and highly respected investors on Wall Street, and rightfully s…
Valence electrons | Atomic structure and properties | AP Chemistry | Khan Academy
We are now going to talk about valence electrons and non-valence electrons, which are known as core electrons. One question that you might have been asking yourself this whole time that we’ve been looking at electron configurations is: what is the point? …
The Placebo Effect: Mind Over Matter
The mind can hold tremendous power over our bodies. People walking over burning coal with no sign of pain, seemingly average people achieving feats of superhuman strength, or even just the everyday person overcoming tremendous adversity. We’ve all heard t…
Elephant Poaching Forces This Community to Take Sides | National Geographic
[Music] [Applause] [Music] [Music] [Applause] [Music] Now both very mutants. Life never I believe the one getting one longer commitment can be eaten. Not knocking woman of our barrack. Remaining Billy value involuntary man of ability. Good job became gang…
Ponzi Factor | V-Log 3 | Tesla $420 scam
Hey everybody! So I was gonna do a V log about how to do research with the SCC filings, but instead this came up with respect to Tesla and how Elon Musk said he is not gonna take the company private after he tricked everybody on August 7th about how he wa…