Wealthion - Be Financially Resilient cover image

A Coming Surge In Inventory To Drop Home Prices By Up To 35%? | Nick Gerli

Wealthion - Be Financially Resilient

00:00

The Downside of Airbnb Prices

Adam Sobel: Rents have been on fire for much of the past couple of years, especially when the pandemic hit and prices of everything went to the moon. But we now are beginning to see data that show it is showing that rents are actually starting to come down in parts of the country. He says 57 of the 100 largest US cities have negative year over year rent growth through June of 2023. Sobel: The real issue here is a multifaceted one declining rents first really hits investors, the 17 million investor single family homes according to Census Bureau.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app