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
FLY | Trailer (IMAX) | National Geographic Documentary Films
Freaking out, you shake him and give me 10 seconds. Okay, okay, have a nice one. Okay, 3, 2, 1! There’s this feeling when you left the object; it’s a form of just absolute bliss, and you want it again, and you want it again. When Jim and I started jumpin…
What is mastery learning?
[Narrator] Have you ever really tried to learn something and you just couldn’t? It can make you feel like you’re not so smart, right? Well, it’s not your fault and it’s not your teacher’s fault, it’s just our traditional approach to learning. We go thro…
Simulating a beehive with for loops | Intro to CS - Python | Khan Academy
Let’s design a simulation with for loops. We want to answer the question: How much honey does a beehive produce over a certain period of time? Now, there are a lot of variables that might impact honey production, like the geography, the weather, and what…
Stonehenge Has a Traffic Problem | Podcast | Overheard at National Geographic
It’s June 2021 at Alice Zoo, this National Geographic photographer. She’s in a field in rural England. It’s this gray, overcast English morning. It was still totally dark when we arrived. There were kind of a few other figures quietly making their way in …
My Response To Dave Ramsey
What’s up you guys? It’s Grahe here. So I normally don’t make response videos here in the channel, but after watching a 1-hour upload from the personal finance host Dave Ramsey, I wanted to dive deeper into one of the most controversial and debated topics…
Exclusive: Building the Face of a Newly Found Ancestor | National Geographic
We’ve all seen crime investigation shows where they find a skull in the woods, and they take it to a forensic artist who builds the soft tissue of the face back on, and it becomes a recognizable entity. The crime is sometimes solved, but how do you do tha…