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 INVEST $100 IN 2024 (THE 5 BEST WAYS)
What’s up, you guys? It’s Graham here. So yes, the title you read is correct: how to invest your first $100. Yes, I said it, $100! Everyone else out there has made videos on how to invest your first $1,000, how to invest your first $10,000, how to invest …
Would Headlights Work at Light Speed?
Hey, Vsauce. Michael here. If you were driving in a car at the speed of light and you turned on your headlights, what would happen? Would light be able to come out, or would your headlights just stay dark? Or maybe light would come out, but it just pull …
How To Deal With Setbacks
It’s like saying that you want to be a boxer, but like after you get really good at boxing, you’ll never have to take a punch again. It’s like, no, the sport, people, that’s the sport of the game we’re playing. All right, this is Michael Seibel with Dalt…
Percent from fraction models
So we’re told the square below represents one whole. So, this entire square is a whole. Then they ask us, what percent is represented by the shaded area? So why don’t you pause this video and see if you can figure that out? So, let’s see. The whole is di…
Yes, Powerful Thoughts Can Change the World
We all know how it goes. One day we’re born, one day we die. Everything that happens in between we know and understand, but everything that happened before and will happen after we know nothing about. As a result, it’s really difficult to say what exactly…
How Amazon Is Losing Money To Make Money
When is it okay for your business to lose money? Amateurs will say never, but the big guys know that’s not exactly true. Amazon is bleeding money on Prime, and they’re pleased about it. Here’s why. Welcome to a Lux. Now, before we dive into what’s been g…