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
Sexy Storm Troopers AND Tron Dogs: IMG! episode 10
Cats and dogs cooperating and zombie versions of Master Chief, Princess Peach, and Pikachu. It’s episode 10 of IMG. Here’s something for people who like silly bands but also like to keep their wrist jewelry x-rated. And how can I keep my data safe? Oh, I…
Ben Silbermann at Startup School SV 2016
Good morning! Nice to see everyone here. Uh, my name is Ali Rani. I’m a partner at Y Combinator. I run our late-stage fund; it’s called the Y Combinator Continuity Fund. I couldn’t be happier to be here today to conduct a fireside chat with Ben Berman, wh…
7 Tips for Effective Remote Learning with Khan Academy
Hello all! Welcome to Seven Tips for Effective Remote Learning with Khan Academy. My name is Megan Patani and I head up U.S. Teacher Education here at Khan Academy. I’m joined today by my colleague Jeremy, who leads our Teacher Success Team. So just a li…
Heat capacity at constant volume and pressure | Physics | Khan Academy
Imagine you had a monatomic ideal gas in the cylinder here, and there was this tightly fitted piston above it that prevented any gas from getting out. Well, we know that the total internal energy for a monatomic ideal gas is just three-halves P times V or…
The Fastest Maze-Solving Competition On Earth
[Derek] This tiny robot mouse can finish this maze in just six seconds. (dramatic music) Every year, around the world, people compete in the oldest robotics race. The goal is simple: get to the end of the maze as fast as possible. The person who came sec…
15 Questions to Unlock Your Potential
Hey, we’re going to have a heart-to-heart today, all right? This is a secret tool that we’ve used for decades. Every couple of years, we go through these exact questions to have a reality check with ourselves, and today we’re going to do it together. Save…