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
Camp Hailstone | Life Below Zero
My name is Ignacio Stone. I’m married to Edward Hale Stone. We call him Chip. I’m Edward Hale Stone, master of systems, hunter. I’m a subsistence gatherer, fisherman. I’m married to Agnes, and I have five daughters. I tried to get them all involved in eve…
Sampling distribution of the difference in sample means | AP Statistics | Khan Academy
What we’re going to do in this video is explore the sampling distribution for a difference in sample means, and we’ll use this example right over here. So it tells us a large bakery makes thousands of cupcakes daily in two shifts: shift A and shift B. Su…
See What It Takes to Hide a Secret Tracker in a Rhino Horn | Short Film Showcase
[Music] Africa’s got the greatest number and diversity of large mammals. It’s the continent that’s been blessed with the most wildlife. Many of these animals, like the black rhino, are down to a few thousand. This is it; in the next hundred years, years m…
She Explores the Universe with Photos, Ink, and Water | Short Film Showcase
[Music] I’ve always been drawn to stories of exploration: the scope of the vision, the ambition of it, the amount of endurance required, and then, of course, the human history of facing the unknown and pushing into it. So, in 2015, my partner, Jamaican A…
Getting To Kiwalik - Behind the Scenes | Life Below Zero
Campers aren’t working. That’s getting super frustrating. This is what it’s like on Life Below Zero. Cameras are already down. Tough conditions all around. I fill in: no heat, no car, no anything; won’t even turn on. Too many times we’ve had batteries go …
Co-Founder Mistakes That Kill Companies & How To Avoid Them
You definitely want a co-founder. Hey, this is Michael Cyball and Dalton Caldwell, and welcome to Rookie Mistakes. We’ve asked YC founders for their rookie mistakes so we can share them with you and help you avoid these common errors. Let’s start with o…