2min chapter

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Real Estate in a Pandemic: Homeowners and Buyers (Part 1)

a16z Podcast

CHAPTER

The Ripple Effect of Foreclosures

There are four million homes not current with their mortgage after two years, i mean, that's a problem and there probably will be foreclosures. People know they can now turn a property from a owned and resided in property to a short term rental or a long term you can put it on air b and b. You can rent it out for a three year lease. Thereare a lot of things t at you can now do to moditize a property much more easily than fifteen years ago. I think that is ol this mass tof demand, which further creates this idea of stapilization....

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