In the midst of the current slowdown in housing market, more scrutiny is falling on short term rentals.
A booming real estate sector until recently, STRs are now feeling the pinch of higher input costs and higher mortgage rates, right as the wave of "revenge travel" unleashed post-COVID is appearing to abate.
Calls for a correction, potentially even wash-out of these units, many of which were purchased with hot money, FOMO and dreams of big cash flows during the pandemic by retail buyers with little to no experience as property managers.
Such a correction -- an "AirBnBust" as many are calling it -- could unleash a flood of inventory in many markets with a high concentration of STRs, which would add momentum to any general correction unfolding in the wider national housing market.
How likely is that to occur?
Today we're fortunate to have housing analyst Amy Nixon back on the program to give us her latest outlook on the situation.
************************
At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.
We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.
SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: https://www.wealthion.com/
Subscribe to our YouTube channel: https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1
Follow Adam on Twitter: https://twitter.com/menlobear
Follow us on Facebook: https://www.facebook.com/Wealthion-109680281218040
#airbnb #airbnbust #realestateinvesting
******************************
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Wealthion - Be Financially Resilient