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
The upcoming economic crisis? | Stagflation explained
There is a really ugly word that is beginning to be thrown around for the first time in nearly 50 years. The last time the US economy experienced the devastating impacts of this word was way back in the 1970s, a period of time when inflation had a stagger…
Cosine, sine and tangent of π/6 and π/3
In this video, we’re going to figure out what the sine, cosine, and tangent of two very important angles are. Angles that you’ll see a lot in your trigonometric studies, and just in general, in your regular life. So these are the angles pi over 3 radians …
2015 AP Chemistry free response 2f
During the dehydration experiment, Ethan gas and unreacted ethanol passed through the tube into the water. The ethine was quantitatively collected as a gas, but the unreacted ethanol was not. Explain this observation in terms of the intermolecular forces …
Opium Wars | World History | Khan Academy
This is a map of East Asia in the 19th century, and you can already see significant imperial control by Western European powers. You have the British East India Company in India. You have the French initially getting a foothold in Southeast Vietnam in thi…
Inside The $100,000,000 Empire Of Dhar Mann
What’s up, you guys? It’s Graham here, and today I’d like to introduce you to one of the most successful entrepreneurs you probably didn’t expect, Darman. At the age of 30, after nearly having to move back in with his parents, he developed a series of mot…
SpaceX: Revolutionizing the Space Industry
[Music] It’s common to hear that space is the final frontier, to go where no man has gone before. But in actuality, it’s the beginning of the future. The knowledge we gained about the universe increases day by day, but our means of accessing it is a slow …