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
"Why I Started MINING My Own BITCOIN!" (Millionaire Bitcoin Advice) | Kevin O'Leary
We don’t think you should own coin made in China. I said the only way I can possibly not own kind of China coin is to make it myself. So, new game plan: every coin I’m going to own, I’m going to know where it came from, when it was created, and it’s goin…
Jamming with Astronaut Chris Hadfield
Can I just ask you a question? Because we saw your guitar floating around in space there. What happened to that guitar? Where is it? Because that is a remarkable and unique guitar. It’s a Canadian guitar made by Larry Vay by John Larry Veo in Vancouver. …
Life's Biggest Mysteries
Consciousness, it’s our awareness, our understanding, our ignorance, our daily. Consciousness leaves out more than it takes in, and due to this, it leaves out important things; things that would help relieve us if we knew them. If we had a higher awarenes…
Robinhood Just Got Cancelled
What’s up, you guys? It’s Graham here! So, you might have recently noticed that something has been missing from the channel lately, and no, it’s not the free stock you can get worth all the way up to $50 down below in the description. Instead, it’s some …
why is it so hard to live in the moment?
How much of life do you remember? [Music] Sam, you felt like you’re present in the current moment. You’re physically here, but our minds are always busy, always somewhere else. I heard this call and can’t stop thinking about it: you’re depressed because…
President Clinton’s Cosmic Perspective | StarTalk
Question to Bill: In my interview, I asked him how science impacted his perspective during his time in the Oval Office. Check it out. You know, the most valuable thing I had for perspective in politics in the White House was a moon rock. I was going to a…