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
Understanding factor pairs
What we’re going to do in this video is talk about factors and factor pairs. Now when we talk about factors, these are really numbers that can be multiplied together to make some number. So for example, if I were to talk about factors of 6, I could multip…
ENDURANCE | Official Trailer | National Geographic Documentary Films
We ready? Yes. Okay, let’s find the Endurance. We’re still talking about Shackleton because this is the greatest tale of survival in history, and it’s a story about failure. Success awaits; dive ones, let’s go. In 1914, Shackleton was convinced the great…
Where Does The Sun Get Its Energy?
It’s another beautiful day in Sydney. I’m out enjoying the sun and looking to find out if anyone knows why the sun shines? So the sun gives us a lot of… ? Heat? Sunshine? Provides energy? (yes) Heat energy. Where does the sun get that energy from? I…
Worked Phillips curves free response question
Assume that the United States economy is currently in a short run equilibrium with the actual unemployment rate above the natural rate of unemployment. Part A says draw a single correctly labeled graph with both the long run Phillips curve and the short …
Hear Kids' Honest Opinions on Being a Boy or Girl Around the World | National Geographic
Um, my name is Hil Kack. I’m 9 years old, and I’m 9 years old. The best thing about being a boy is like a boy, being very sporty. The best thing about being a girl is because girls can do a little bit more things than boys. [Music] The best thing about …
Congress Wants To Ban Credit Scores | Major Changes Ahead
What’s up, Grandma’s guys? Here, so no surprise, your credit score is pretty much the single most influential deciding factor when it comes to all things personal finance, building wealth, and saving a ton of money. Those three numbers pretty much become …