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 find out what you want to do in life - watch this if you feel lost
If you’re spending your day scrolling on social media, watching TikToks, Instagram reels, shorts, whatever, if you hate your current job and think, “I wish I had a dream job that I’m passionate about that I can spend hours without even realizing it,” and …
A Taxing Time | Teacher Resources | Financial Literacy | Khan Academy
If I say the phrase “tax season” to you, you likely imagine a period in spring leading up to the middle of April. This is, after all, when Tax Day falls on or around April the 15th. However, what if I were to tell you that tax season was every season? Wha…
Shocking Footage of Baby Elephant Tossed Around by Adult, Explained | National Geographic
Suddenly, a young male comes into view, pushing a baby elephant. “Oh my God, that’s a boom!” No, no, he picks it up. Oh, meanwhile, a female, if the baby’s mother, I believe, comes in and tries to rescue the calf and runs in front of him. He runs after h…
Lance Romance | Wicked Tuna
Who does this man? Is that Bubba? He’s got to learn to reel it without reeling it like that. Who did it? Lance romance? Really, Lance? Come here. It’s week nine, and Lance is still making rookie mistakes. I want Lance to learn these things because if he …
Take an Epic Journey With the Elk of Yellowstone | Short Film Showcase
[Music] The tools of my trade are satellite collars. [Music] Here she goes, start getting locations and find out where she migrates. [Music] [Music] [Music] [Music] It’s like sending yourself a Christmas present in the mail. I put this collar on, and we d…
Opportunities for high school and college tutors
Hi everyone, Sal Khan here from Khan Academy. Many of you all know about another project, another not-for-profit that I’ve been involved with known as schoolhouse.world, which is all about giving folks free tutoring. We do that by finding amazing voluntee…