Airbnb bans escalate, a “tsunami” could be coming for this real estate niche, and “sinking” cities lead to skyrocketing insurance prices. The housing market changes every week, so we’re here to break down the headlines and sift through the hype so you know what could impact YOU. Dave Meyer and the entire On the Market panel are here to discuss four of the top real estate-related news stories from this week.
First, we discuss the commercial real estate credit crunch that could cause a “tsunami” in the office investing space. Next, one major European city will ban Airbnb by 2028 in an effort to give locals a better chance at buying their first home. Will it work, or is it just a move to get more votes? With the dust of the NAR settlement settling, homebuyers could face thousands in fees to work with an agent, but will this stop homebuying?
Before we go over our last headline, make sure you’re standing on solid ground because “sinking” cities are becoming the new norm. Is your home slowly sliding off a cliff? If so, your insurance costs could be rising even higher. We’ll get into this story and the rest of the relevant real estate news on this episode!
In This Episode We Cover
A world without Airbnb and whether the newest ban could actually help homebuyers
Another “tsunami” coming for real estate and whether there’s truth behind the hype
Private equity’s new plan to gobble up even more real estate as one niche suffers
More fees for homebuyers as agent commissions change, but will this have to be paid out of pocket?
“Sinking” cities causing rising insurance costs and sliding home values
And So Much More!
Links from the Show
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See Dave, Henry, James, and Kathy at BPCON2024 in Cancun!
Dave's BiggerPockets Profile
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James' BiggerPockets Profile
Kathy's BiggerPockets Profile
On The Market 201 - Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever
The commercial real estate credit crunch: ‘There’s a tsunami coming’
What does a world without Airbnb look like?
First-Time Homebuyers Could Face Thousands in New Costs Following NAR Settlement
U.S. cities are sinking. Here’s what that means for homeowners
Grab Dave’s Newest Book, “Start with Strategy”
Jump to topic:
(00:00) Intro
(01:47) A “Tsunami” Coming?
(12:47) The Airbnb Bans Begin
(21:22) New Fees for Homebuyers?
(28:20) Cities Are Sinking
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-235
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