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
How to sell a $90,000,000 private jet 😳
You have a budget in your mind for this first airplane. I can go all the way up to 80, 90 million, and I really like the G Stream product. G7 and G. You’re my guy! I definitely can. 62 million is the new one; 10 years old is 36 million. Let’s say you get…
Food Snatchers | Life Below Zero
Well, another beautiful morning. I’m always fat in the morning times. It’s time to get a lot of things done, and dogs and things I got to do every morning. Those get woke up by these damn squirrels, and they’re out there stealing my dog food. I see a squi…
Why You Should STOP Saving Money - DO THIS NOW
What’s up guys, it’s Graham here. So, throughout my entire life, I’ve always been an excessive saver. No matter how much money I make, I always set a strict budget to follow. I calculate the bare minimum that I need, and then everything else above that is…
Snorkeling With President Obama: How Our Photographer Got the Shot (Exclusive) | National Geographic
I’ve never photographed a president before. This was my first experience, you know, being sort of in the presence of Air Force One and all the security and Secret Service. The day that the president arrived was a perfect day—sunny, clear. I didn’t expect …
Extraneous solutions | Equations | Algebra 2 | Khan Academy
In this video, we’re going to talk about extraneous solutions. If you’ve never heard the term before, I encourage you to review some videos on Khan Academy on extraneous solutions. But just as a bit of a refresher, it’s the idea that you do a bunch of leg…
How I got a Tesla for Free
So this is the infamous $78 Tesla Model 3, the one that’s now been viewed over 5.6 million times. Completely unbeknownst to me, this car would quickly become the single best investment that I have ever made. And here’s why. It all started six months ago …