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
The Power of the Sun | Breakthrough
[Music] With no water coming from the state-controlled aquifer, this farm relies solely on one well, a well that may be running dry. “Hello, how are you?” “Good, good to see you.” Aaron Mandel, chairman of the company Water Effects, has come to evaluat…
How to get ahead of 99% of people
If you want an extraordinary life, you can’t live like an ordinary person. Matt Graham said, “the people that criticize you for being exceptional are those that have already accepted the fact that they’re going to be mediocre.” A YouTuber with a million s…
Tracy Young Speaks at Female Founders Conference 2015
Hi everyone! It’s an honor to be here today. My name is Tracy Young. I’m one of the co-founders of PlanGrid. So, I need your help picturing 2010. I’m a construction engineer, new graduate with a construction management degree, and I’m on my first constru…
The Side Effects of Steroids | Trafficked with Mariana van Zeller
I think some of the damage I did is probably permanent as far as like an enlarged heart. Yeah. I don’t want to go back and bodybuild. I’m not looking for that. I’m looking for how long can I live, right? I mean if you look around this office, who’s here? …
Thomas Friedman and Ray Dalio Discuss the Changing World Order
Ray, it’s a treat to be here with you, um, uh, Ray, and our old friends. And um, I’ve been in conversation before. Um, I wonder if you just start, Ray, by sharing with me, with the crowd, um, why, as a macro investor, you decide to step back and write thi…
Strange Forensics | Explorer
[sirens blaring] NARRATOR: In a post-9⁄11 world, the field of forensic science has become more urgent and important than ever. Deaths related to global terrorism have spiked. And in 2015 alone, more than 29,000 people were killed as a result of terrorist…